The Central-West Orana Renewable Energy Zone (REZ) in New South Wales, Australia, has increased in size, now allowing 7.7GW of renewable energy generation and energy storage capacity to connect to it.
Renewable energy infrastructure developer BE Power Group’s 9.6GWh Big-G pumped hydro energy storage (PHES) project in Queensland, Australia, has been submitted to the Federal government seeking approval under the EPBC Act.
Battery recycling firm Livium, via its wholly owned subsidiary, Envirostream Australia, has partnered with Chinese battery manufacturer Hithium Energy to recycle lithium-ion batteries from Lightsource bp’s Woolooga solar-plus-storage site in Queensland.
Western Australia and Victoria’s AusNet have provided financial aid to support battery energy storage systems (BESS) in the energy transition and community energy resiliency.
Global solar developer Lightsource bp and Acen Australia have seen each of their respective solar-plus-storage projects in New South Wales, Australia, totalling 550MW of generation capacity, progress.
At the end of 2024, Australian renewable energy developer ZEN Energy, in partnership with Taiwan’s HD Renewable Energy (HDRE), announced plans to establish a joint venture in Australia that will target 1GW of energy storage capacity.
The Australian government has approved the development of HumeLink, an almost AU$5 billion (US$3.1 billion) energy transmission project that will unlock the 350GWh Snowy 2.0 pumped hydro energy storage (PHES) expansion.
Western Australia’s Economic Regulation Authority has set the peak and flexible benchmark reserve capacity prices (BRCPs) at AU$360,700/MW (US$224,898/MW) annually from 2027-28.
