Australia’s Clean Energy Finance Corporation (CEFC) has announced it has invested a record AU$4.7 billion (US$3.09 billion) in large-scale renewables, energy storage, and transmission projects during the 12-month period ending 30 June 2025.

Steady price falls the past few years have made lithium-ion BESS a real contender for long-duration energy storage (LDES), and that is now reflected in global project pipelines.

Japan’s energy storage market is experiencing a wave of significant growth, as ESN Premium hears from Eku Energy and BloombergNEF.

Tenders for 171GWh of energy storage capacity have been launched in India, including more than 55GWh in the first half of 2025 alone.

AGL Energy has acquired the Yadnarie solar thermal project in South Australia from Photon Energy, featuring 720MWh of LDES.

Major Australian energy generator-retailer EnergyAustralia has sold a 50% share in its 1,400MWh Wooreen battery energy storage system (BESS) to Thailand-based energy firm Banpu Public Company.

The International Finance Corporation (IFC) will loan IR4.6 billion (US$55 million) to infrastructure investor IndiGrid for a standalone battery storage project in Gujarat, India.

Utility Ignitis Group has taken a final investment decision (FID) on three large-scale battery storage projects in Lithuania.

The Energy Security Corporation has officially launched in New South Wales, Australia, with an initial funding allocation of AU$1 billion.