“Australia is one of the leading countries for grid-forming inverters,” said Natalie Thompson, senior analyst of energy storage and solar at Wood Mackenzie, when discussing the Australian energy storage market.
Renewables developer and independent power producer (IPP) TagEnergy has acquired Australian developer ACE Power, adding 6GW of energy storage and renewables projects to its portfolio.
US-based renewable energy developer National Renewable Solutions (NRS) announced its 140MWac solar energy and 50MW battery storage Shallow Basket Energy project is now operational.
Singaporean renewable energy developer Blueleaf Energy has signed a memorandum of understanding (MoU) with Chemsain Sustainability to jointly explore developing a portfolio of up to 3GW of solar PV and battery energy storage systems (BESS) in Malaysia.
Major US utility company Duke Energy has submitted its final license application to the Federal Energy Regulatory Commission (FERC) to extend operation at the Bad Creek Pumped Storage Hydroelectric Station for an additional 50 years.
Polaris Renewable Energy, on behalf of the Puerto Rico Electric Power Authority (PREPA), has submitted a battery energy storage system (BESS) standard offer (SO1) agreement to the Puerto Rico Energy Bureau (PREB).
Fotowatio Renewable Ventures (FRV) Australia has reached financial close on the 250MW/500MWh Gnarwarre battery energy storage system (BESS) in Victoria.
A report by American Clean Power Association (ACP) and Aurora Energy Research states that the MISO service area will need a 500% rise in battery storage by 2035.
Australia’s minister for climate change and energy, Chris Bowen, has confirmed that the Capacity Investment Scheme (CIS) will be upsized from 32GW to 40GW.
