Residential energy storage startup Base Power has raised US$1 billion in Series C financing from venture capital fund Addition.

Australia’s most powerful BESS, the 850MW Waratah Super Battery, achieved its first full discharge to the NEM last week.

Queensland’s Energy Roadmap 2025 suggests that by 2030, up to 4.3GW of short-duration energy storage could be operational.

On 10 October, electricity prices in New South Wales, Australia, reached the Market Price Cap of AU$20,300/MWh (US$13,307/MWh).

The New South Wales Independent Planning Commission has approved ACEnergy’s 250MW/1,100MWh Yanco battery energy storage system in Australia.

H.I.G. Capital-backed energy platform, Greenflash Infrastructure, has closed a hybrid tax capital and debt financing for Project Soho, a 400MW/800MWh standalone battery storage project in Brazoria County, Texas.

GoldenPeaks Capital (GPC) and Huawei Polska have signed a Memorandum of Understanding (MoU) on a Battery Energy Storage System (BESS) cooperation focusing on 500MWh grid-forming BESS in Europe.

Battery energy storage revenues in Australia’s National Electricity Market (NEM) fell 61% in September 2025 to AU$85,000/MW (US$56,712/MW) as price volatility eased across the grid, according to new research from Modo Energy.

US utility Xcel Energy has proposed to build out a 200MW battery storage network across Minnesota, US.

The NSW Independent Planning Commission has granted planning approval for Potentia Energy’s 500MW Tallawang solar-plus-storage project.