Octopus Australia has acquired the Coleambally battery energy storage system (BESS), a 100MW/400MWh standalone project in development located in southern New South Wales.

Publicly-owned energy company CleanCo Queensland’s 250MW/500MWh Swanbank battery energy storage system (BESS) has officially registered with AEMO and commenced its testing and commissioning phase.

IPP Eolian has closed a US$463 million financing package to support the continued construction of Padua 2 and Padua 3, two battery energy storage systems (BESS) totalling 350MW/1.7GWh in Bexar County, Texas.

Developer Epic Energy has commenced commercial operations at its 100MW/200MWh Mannum battery energy storage system (BESS) in South Australia.

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.