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Image: CleanCo Queensland.

Pumped hydro costs revised up, battery storage costs down, as Australia’s CSIRO publishes final GenCost 2025-26 report

July 15, 2026
Australia’s CSIRO has revised pumped hydro storage costs upward in the final version of its annual GenCost electricity cost report.
The Koorangie BESS (pictured) features 100 Tesla Megapack units equipped with grid-forming inverters. Image: Edify Energy.

Tesla expects to have 4.5GW of grid-forming BESS operating in Australia by the end of 2026

September 10, 2025
Tesla has announced that by the end of 2026, it expects to have around 4.5GW of grid-forming battery storage operating across Australia.
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Poland: R.Power enlists EPCs for 2.2GWh of BESS, EDF and Eurus, Eiffel and Ergy co-invest in projects

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Brookfield buys BESS developer Aypa Power from Blackstone  

Spearmint Energy receives permit for 600MWh Minnesota BESS

India awards long-duration energy storage contracts for 1,344MW pumped hydro, utility-scale flow battery

Australia’s Clean Energy Investor Group calls for faster, clearer EPBC Act implementation

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