Eight large-scale BESS projects in Australia have been selected to receive funding support worth AU$176 million.

Battery storage project will deliver nearly AU$10 million annual electricity system cost savings in Australia’s Northern Territory.

Alongside unveiling of an energy storage deployment target, Victoria government announced funding for large-scale battery storage projects.

Victoria, Australia, will target 6.3GW of renewable energy storage by 2035, one of the world’s most ambitious storage policy goals.

Hornsdale Power Reserve battery storage system in South Australia now has upgraded capabilities, enabling it to provide inertia to the grid.

The Australian Renewable Energy Agency (ARENA) is opening a competitive funding round to provide up to AU$100 million (US$72.16 million) in support for large-scale battery storage projects.