The Australian Energy Market Operator (AEMO) Services has revealed that nearly 14GWh of long-duration energy storage (LDES) projects were successful in the latest New South Wales Roadmap competitive tender.

Akaysha Energy has penned an offtake agreement with commodities trader Guvnor Group for its 205MW/410MWh Brendale BESS in Queensland.

Investor Macquarie’s storage platform Eku Energy’s market entry and strategy speaks to the broader emergence of storage as an infrastructure asset, which its CEO discussed with us, also giving his views on BESS capex and procurement.

Eku Energy’s chief technology officer, Elias Saba, discusses the shift in economics of long-duration BESS in Australia’s NEM.

Energy storage developer Eku Energy has started constructing a 250MW/500MWh battery energy storage system (BESS) in Canberra, the Australian Capital Territory (ACT).

Battery energy storage developer Eku Energy has reached a financial close for 250MW/500MWh battery energy storage system (BESS) in Canberra, the Australian Capital Territory (ACT).

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

NHOA Energy’s EBITDA for H1 2023 dropped by 38.8% year-on-year to €1.11 million (US$1.23 million) but the company expected the EBITDA for 2023 to reach up to €10 million.