Genex Power has received credit approvals on a AU$35 million (US$25.26 million) debt finance facility for its 50MW/100MWh Bouldercombe battery energy storage system (BESS) project in Queensland, Australia.
Australian energy retailer Origin Energy intends to build a 700MW battery storage system on the site of a coal power plant for which it has brought forward a planned retirement date by seven years.
Fluence has netted a deal to onboard 1.1GW of solar and storage assets to its digital energy trading and bidding platform with AES Corporation, one of the energy storage technology provider’s parent companies.