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.

Wirsol Energy has received development approval for its Maryvale solar and energy storage project in New South Wales (NSW), Australia.

E-mobility and energy storage company New HOrizons Ahead (NHOA) has started installation work on an LFP-based 100MW/200MWh battery energy storage system (BESS) in Western Australia, the state’s largest.

Bechtel has been selected to work on design and planning of a large-scale pumped hydro energy storage (PHES) project in Queensland.

The Department of Planning and Environment in New South Wales gave development approval to a proposed 500MW/1,000MWh battery storage project.

Neoen saw its energy storage revenues triple in the first half of this year, driven by its Victorian Big Battery in Australia.