The global energy storage market is poised for continued expansion in 2026, even as supply chain constraints, regulatory evolution, and emerging applications reshape the landscape, according to Wood Mackenzie. 

Jason Beer of Fluence Australia, discusses some energy trends in Australia that are set to influence the development of the storage market.

Potentia Energy has received federal environmental approval for its 1,000MWh Tallawang Solar Hybrid project, and Fluence has delivered its Gridstack battery energy storage equipment to Ampyr Australia’s 600MWh Bulabul Battery installation.

Octopus Australia has achieved financial close on a AU$900 million (US$587 million) DC-coupled hybrid facility that combines 300MW of solar generation with a 243MW/486MWh battery energy storage system (BESS) in New South Wales.

Finnish marine and energy technology group Wärtsilä will deliver what it claims is Australia’s largest DC-coupled hybrid battery energy storage system (BESS) for the National Electricity Market (NEM).

Developer Lightsource bp has commenced construction on a 49MW/562MWh BESS co-located at the 585MWdc Goulburn River solar plant in Australia.

Wärtsilä will supply what it claims is the first large-scale DC-coupled hybrid battery connected to Australia’s NEM for Octopus Group.

Procurement platform Anza Renewables has published its first Q1 storage pricing insights report covering battery cell pricing, AC and DC-integrated systems, list prices and more.

An “unbelievable appetite for clean energy” is pushing the developer of Gemini, the US’s largest co-located solar-plus-storage power plant, to pursue opportunities of a similar scale.

Power from new co-located renewable energy and battery projects in California will be bought by Amazon and a number of Community Choice Aggregators (CCAs).