Pilot production has been established by an Australian company making lithium-ion battery storage solutions designed for hot climates.

Spanish multinational Naturgy has bought a large-scale hybrid solar-plus-storage project in development in Australia.

A state-owned power company has begun the construction phase of a 35MW grid-scale battery storage project in Australia’s Northern Territory.

Powin Energy has entered a partnership with developer Akaysha Energy to deploy battery storage systems in Australia.

A 100MW/150MWh battery energy storage system (BESS) has been brought online in Queensland, Australia, by developer Vena Energy.

A real estate and infrastructure investment arm of BlackRock has committed to investing US$700 million into Akaysha Energy’s pipeline.

Australia-based zinc-bromine flow battery company Redflow, which has a market cap of nearly US$60 million, has halted stock market trading as it prepares a capital raise.

SPAC Mustang Energy PLC is increasing its effective stake in CellCube to around 25% while a company launching a vanadium mine project in Australia has injected US$3.5 million in a new flow battery maker.

Australian startup MGA Thermal has bagged around US$1 million in government funding for a 5MWh thermal energy storage project while Israel-based Brenmiller Energy has inaugurated a 1MWh unit in Brazil.

Genex Power has bought up a 2GW clean energy project which it intends to build in five stages in Queensland, Australia.