Carrie Xiao examines some notable recent partnerships and supply agreements for Chinese energy storage players in the Middle East, Europe, Africa and Australia.
Energy infrastructure platform Revera Energy has completed an expanded US$150 million credit facility to accelerate development and construction of its battery storage, solar, and green hydrogen project pipeline across Australia and the UK.
The Victoria government has approved two large-scale battery energy storage system (BESS) projects totalling 700MW through its Development Facilitation Program (DFP).
Global investment firm KKR has announced a strategic partnership with HMC Capital, committing up to AU$603 million (US$423 million) to HMC’s Energy Transition Platform as Australia accelerates its renewable energy deployment and grid modernisation efforts.
State-owned energy company Synergy has completed the 500MW/2,400MWh Collie Battery Energy Storage System (CBESS) in Western Australia, establishing Collie as home to Australia’s largest operational battery energy storage system (BESS).
Valent Energy has received development approval from the New South Wales government and satisfied AEMO grid compliance requirements under clause 5.3.4a for its 150MW/437MWh Armidale Battery Energy Storage System (BESS).