A 12GWh pumped hydro project and a 1,200MWh battery energy storage system in New South Wales (NSW) have been submitted to Australia’s Environment Protection and Biodiversity Conservation (EPBC) Act.
Australian battery storage developer Akaysha Energy has secured an AU$300 million (US$196 million) corporate debt facility to accelerate its growing portfolio of utility-scale battery energy storage system (BESS) projects across Australia and global markets.
The Australian Energy Market Operator (AEMO) has found battery energy storage systems (BESS) are the most reliable clean energy technology in the National Electricity Market (NEM).