Queensland Investment Corporation (QIC) and EDP Renewables Australia have signed an exclusivity agreement to develop the Punchs Creek Renewable Energy Project, a 1,600MWh solar-plus-storage project in Queensland’s Toowoomba region.
Hassan Allam Utilities and Infinity Power have signed agreements with Egypt’s Ministry of Electricity and Renewable Energy and the Egyptian Electricity Transmission Company for two renewable energy projects in the country.
Japan’s NGK Insulators has discontinued its sodium-sulfur (NAS) battery product line, with the exit of its partner, BASF, thought to have led to the final decision.
A roundup of battery energy storage system (BESS) stories from the US including Fullmark Energy’s 130MWh BESS reaching commercial operations, Habitat optimising a 500MWh BESS for Ørsted, and Quino Energy securing US$10 million in Series A funding.
Australia’s AGL Energy has agreed to divest 19.9% of its equity interest in Tilt Renewables to Queensland Investment Corporation (QIC) and a Future Fund-led consortium for AU$750 million (US$488 million).
Developer-operator Plus Power has secured US$160 million in tax equity investments from Morgan Stanley for two battery energy storage system (BESS) projects in Massachusetts and Maine, US.
The low-carbon subsidiary of German energy company LEAG is constructing Europe’s largest single-site battery storage project, in partnership with Fluence.
Trina Storage has signed a memorandum of understanding (MoU) with Pacific Green Energy Group to supply up to 5GWh of battery energy storage systems between 2026 and 2028.
