Fotowatio Renewable Ventures (FRV) Australia has reached financial close on the 250MW/500MWh Gnarwarre battery energy storage system (BESS) in Victoria.

CATL, the world’s biggest lithium-ion OEM, saw flat ESS revenues in the first half of the year, but the extent to which this can be blamed on the increased US-China tariffs, if at all, is far from clear.

Australian energy major AGL has welcomed the approval in New South Wales (NSW) of a large-scale wind power plant with battery storage.

“We need some form of policy or expansion of the CIS for LDES,” Nick Hawke, director of Australia’s CEFC, tells ESN Premium.

HMC Capital has completed the acquisition of Neoen’s energy storage and renewables portfolio in Victoria, Australia.

Marinus Link Pty has secured FID and EPBC Act approval for the first stage of its HVDC interconnector connecting Victoria and Tasmania.

Technology group Visual Fan subsidiary Allview has partnered with Trina Storage to deploy a 65MWh BESS project in Romania.

Oil, gas and renewables firm Galp has announced construction on BESS projects in Spain and Portugal using equipment from inverter and BESS firm Sungrow.

Paul Peters, CEO of the New South Wales Energy Security Corporation (ESC) discusses the investment mandate of the newly launched green bank.

Tesla could be “hedging its bets” on battery cell supply, if a deal announced by LG Energy Solution really is with the US EV and BESS company.