RWE Renewables Australia has successfully registered Australia’s first 8-hour duration battery energy storage system (BESS) with the Australian Energy Market Operator (AEMO).

Two battery storage offtake agreements have been signed in Australia, representing over 2GWh of storage capacity.

Victoria, Australia, has seen just under 5GWh of battery energy storage systems (BESS) granted approval for development by the state and federal governments.

Green Gravity has signed an agreement with mining company Wollongong Resources to trial its gravitational energy storage in NSW, Australia.

Someva Renewables and AGL Energy have received the federal greenlight to develop a 2GWh wind-plus-storage project in NSW, Australia.

Chang Jae Won of the Korea Smart Grid Association believes companies lack a model for recovering their investment in DC energy storage.

Hydrostor has secured US$55 million in funding from Export Development Canada (EDC) to advance development activities for its 200MW/1,600MWh Silver City Energy Storage Centre project in Broken Hill, New South Wales, Australia.

Chinese PV module manufacturer Trina Solar has received the green light from the Victoria government in Australia to build a 500MW/1,000MWh battery energy storage system (BESS).

Australia’s Capacity Investment Scheme (CIS) has awarded 4.13GW/15.37GWh of battery storage capacity in its third tender round, exceeding initial targets and attracting 135GWh of bids.