MGA Thermal and Knode have commenced a Front-End Engineering and Design (FEED) study for a 195MWh electro-thermal energy storage project at Tronox’s Kwinana facility in Western Australia.

While Germany is often described as the ‘hottest’ energy storage market in Europe, growing uncertainty on multiple policy and regulatory topics has led to a ‘cooling’ of investor interest.

Mining giant Fortescue has commenced construction on a 650MWh battery energy storage system at Cloudbreak in Western Australia’s Pilbara region, alongside the 690MW Turner River solar PV power plant.

Queensland’s Swanbank battery energy storage system (BESS) earned AU$743,000 (US$532,608) in dispatch revenue last month, more than double the AU$306,000 generated by the Victorian Big Battery over the same period in Australia.

Battery energy storage systems (BESS) have emerged as the defining feature of Australia’s Capacity Investment Scheme (CIS) Tender 7, with 2GW/7.9GWh of co-located energy storage successful.

Australia has emerged as the world’s third-largest utility-scale battery energy storage market, with 4.3GW of large-scale battery storage systems reaching financial close in 2025.

The situation and uncertainty around grid connections and grid fees in Germany is evolving, possibly enabling market participants to look beyond the August 2029 grid fee exemption cut-off date – although uncertainty is still very high.

EDF Power Solutions has commissioned a 50MW/120MWh BESS project in Poland, Eurus has done the same in Hungary, while NGEN and Aretis Group have financed and enlisted optimisers (respectively) for projects in Hungary, Romania, Poland, Slovenia and Latvia.

Singapore-based Equis has launched GreenPoint Energy, a wholly owned subsidiary consolidating its Australian renewable energy and battery storage operations under a dedicated platform with a 2.5GW portfolio of 12 battery energy storage systems (BESS) and wind projects across every National Energy Market (NEM)-connected state.