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BESS revenue in Australia’s NEM drops 40% on average in March 2025
April 15, 2025
A reduction in price volatility has seen BESS revenue decrease by 40% in Australia’s NEM month-on-month in March 2025.
Acen Australia secures AU$750 million financing for 13GW renewables, energy storage pipeline
April 15, 2025
Acen Australia has secured AU$750 million (US$472 million) in debt financing to support the rollout of its 13GW renewable energy and storage portfolio.
ACE Power secures Australian government approval for 5.6GWh of BESS
April 14, 2025
ACE Power has announced that the Australian government has permitted the development of 5.6GWh of BESS in Queensland.
Samsung C&T submits plans for 320MWh BESS in New South Wales to Australia’s EPBC Act
April 14, 2025
Samsung C&T Renewable Energy Australia has submitted plans for a 320MWh battery storage system in New South Wales to Australia’s EPBC Act.
‘There’s a lot of stars that need to align’: Fluence on batteries as virtual transmission in Australia
April 11, 2025
Rob Hills, APAC vice-president of engineering and commissioning, Fluence, said: “A lot of stars need to align” for BESS as virtual transmission.
‘We’re talking 56GW of storage by 2035’: Australia’s Essential Energy confirms V2G tech is market-ready
April 11, 2025
Australian electricity distributor Essential Energy has confirmed that vehicle-to-grid (V2G) charging technology is now market-ready in Australia.
Wärtsilä to supply the first utility-scale DC-coupled hybrid BESS on Australia’s NEM
April 10, 2025
Wärtsilä will supply what it claims is the first large-scale DC-coupled hybrid battery connected to Australia’s NEM for Octopus Group.
Queensland government to deliver five-year Energy Roadmap, transfers oversight of 20GWh PHES
April 10, 2025
The Queensland government has announced plans to release a five-year Energy Roadmap and transferred oversight of a 20GWh PHES project.
Australia’s federal election ‘a sliding doors moment’ for energy transition, says minister Chris Bowen
April 9, 2025
Australia’s energy minister has argued that the upcoming federal election is a “sliding doors moment” for the country’s energy transition.
Western Australia’s first grid-connected hybrid solar-battery site comes online
April 8, 2025
GPG has brought online what it claims is Western Australia’s first grid-connected large-scale solar-plus-storage hybrid project.
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