Chinese multinational renewable energy solutions provider Envision Energy will supply a 320MWh battery energy storage system (BESS) to Juniper Green Energy in India.
Western Australia and Victoria’s AusNet have provided financial aid to support battery energy storage systems (BESS) in the energy transition and community energy resiliency.
Chinese battery manufacturer Hithium and Samsung C&T Engineering & Construction (Samsung C&T) have penned a new agreement targeting around 10GWh of battery energy storage system (BESS) capacity globally.
Global solar developer Lightsource bp and Acen Australia have seen each of their respective solar-plus-storage projects in New South Wales, Australia, totalling 550MW of generation capacity, progress.
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.
