Western Australia’s Economic Regulation Authority has set the peak and flexible benchmark reserve capacity prices (BRCPs) at AU$360,700/MW (US$224,898/MW) annually from 2027-28.
Western Australia’s Altech Batteries has inked an offtake agreement to supply the Western defence market with its CERENERGY battery energy storage system (BESS) technology.
Solar PV developer Lightsource bp has started construction on two solar-plus-storage projects in Queensland and New South Wales, Australia, following success in the first tender of the Capacity Investment Scheme (CIS).
Research firm Wood Mackenzie has found that daily price volatility from renewables on Australia’s National Electricity Market (NEM) supports a stronger battery revenue outlook.
The Georgia Public Service Commission (PSC) has verified with Energy-Storage.news that it voted unanimously 3 December, to certify utility Georgia Power’s plans to build 500MW of battery energy storage systems (BESS) across four locations.
China-headquartered electronics firm Huawei has secured a supply agreement to provide a 4.5GWh battery energy storage system (BESS) for the Meralco Terra Solar project in the Philippines.