Eku Energy has seen its development application for a 250MW/500MWh BESS in the Australian Capital Territory (ACT), approved.

The state government of the Australian Capital Territory (ACT) will pledge funding towards a BESS rollout.

A 250-home ‘virtual big battery’ was switched on in Canberra, Australia last week, allowing residents to sell solar-generated power at a significantly higher price than available to them through feed-in tariff (FiT) policies.