Two developers, OCI Energy and Nexus Renewable Power have secured financing for battery energy storage system (BESS) projects located in Texas, US.

RWE Renewables Australia has successfully registered Australia’s first 8-hour duration battery energy storage system (BESS) with the Australian Energy Market Operator (AEMO).

Two battery storage offtake agreements have been signed in Australia, representing over 2GWh of storage capacity.

Capital Power has announced commercial operations of its 120MW York battery energy storage system (BESS) and 50MW Goreway BESS projects in Ontario, Canada.

The US Energy Information Administration (US EIA) annual survey of power plant activity found that in 2024, utility-scale batteries were more commonly used for price arbitrage.

Victoria, Australia, has seen just under 5GWh of battery energy storage systems (BESS) granted approval for development by the state and federal governments.

Three US battery energy storage system (BESS) developers, GridStor, Flatiron, and Jupiter Power, have advanced BESS projects totalling 1.6GWh across Arizona, Massachusetts, and Michigan.

Green Gravity has signed an agreement with mining company Wollongong Resources to trial its gravitational energy storage in NSW, Australia.

Someva Renewables and AGL Energy have received the federal greenlight to develop a 2GWh wind-plus-storage project in NSW, Australia.

Developer Lightsource bp has commenced construction on a 49MW/562MWh BESS co-located at the 585MWdc Goulburn River solar plant in Australia.