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).
Octopus Australia has announced plans to develop what it claims is Australia’s “largest planned battery energy storage system (BESS)” in New South Wales.
ASL (formerly AEMO Services) has completed New South Wales’ (NSW) largest-ever tender for long-duration energy storage (LDES), contracting six new battery projects for a combined 1.17GW/11.98GWh.