The European Bank for Reconstruction and Development (EBRD) has provided US$142 million in financing for the construction of a 1GW solar and 1.3GWh battery energy storage system (BESS) portfolio in Uzbekistan.
The Australian Parliament has received the Environment Protection and Biodiversity Conservation (EPBC) Act reform bills, marking the government’s latest attempt to overhaul environmental legislation that has faced criticism for delaying renewable energy projects and contributing to biodiversity decline.
Victoria’s home battery energy storage programme has supported the installation of approximately 20,000 residential energy storage systems, doubling its original target of 10,000 units, according to the state’s climate action minister, Lily D’Ambrosio.
“The energy transition is not a pipe dream. It’s here and it’s happening right now,” declared Jackie Trad, the newly appointed CEO of the Clean Energy Council, at the start of All-Energy Australia 2025 in Melbourne this morning (29 October).
We gather the industry reaction to the MACSE auction in Italy, which saw TSO Terna procure 10GWh of long-term capacity at what most agreed are extremely low prices.
Australia’s Cheaper Home Batteries Program has surpassed 100,000 installations, with households and small businesses now benefiting from subsidised battery installations totalling 2GWh of distributed energy storage capacity.