A “silver buckshot, not a silver bullet” has emerged as the rallying cry for Australia’s energy storage, said Paul Hunyor of Wollemi Capital.

Developer Eku Energy and LP Renewables have announced plans for the 400MW/1,600MWh Belah battery energy storage system in Queensland, Australia.

Victoria’s home battery energy storage programme has supported the installation of approximately 20,000 residential energy storage systems, doubling its original target of 10,000 units, according to the state’s climate action minister, Lily D’Ambrosio.

Eos announced its move to Pennsylvania, US, as well as agreements for energy storage projects with Talen Energy and MN8 Energy.

AEMO has reported a record 56.6GW of new generation and storage capacity in the National Electricity Market (NEM) development pipeline.

RedEarth’s Marc Sheldon admits that the company decided to push back the launch of Australia’s first locally manufactured V2G charger.

Energy Vault has acquired a 150MW battery energy storage system (BESS) in Texas. Meanwhile, Jupiter Power has entered an agreement with Austin Energy to provide 100MW of electricity from a BESS facility.

Calibrant Energy will deliver a 31MW/62MWh battery energy storage system (BESS) at Aligned Data Centres’ campus in the Pacific Northwest area of the US.

ARENA has committed AU$25 million to support startup Relectrify’s world-first ‘inverterless’ battery energy storage system (BESS).

Recurrent Energy has closed a construction financing for an energy storage project in Arizona. Meanwhile, Cypress Creek Renewables has reached financial close for its solar-plus-storage project in Colorado.