energy storage

February 3, 2025
Estimated net revenue, covering both energy and FCAS markets, for grid-scale batteries on the NEM reached AU$69.5 million in Q4 2024.
January 29, 2025
Utility Rocky Mountain Power (RMP) and technology provider Torus have signed a memorandum of understanding (MOU) outlining a strategic partnership and exploration of 70MW of demand response capacity using Torus’ energy storage solutions.
January 8, 2025
Chinese battery manufacturer Hithium and Samsung C&T Engineering & Construction (Samsung C&T) have penned a new agreement targeting around 10GWh of battery energy storage system (BESS) capacity globally.
December 24, 2024
The US Department of Energy (DOE) has released its draft Energy Storage Strategy and Roadmap (SRM), a plan providing strategic direction and opportunities to optimise DOE’s energy storage investments ahead of the incoming Trump administration.
December 20, 2024
The Australian government has approved the development of HumeLink, an almost AU$5 billion (US$3.1 billion) energy transmission project that will unlock the 350GWh Snowy 2.0 pumped hydro energy storage (PHES) expansion.
November 20, 2024
Australia has signed climate action and renewabele energy partnerships with India and the UK, which both include energy storage.
November 8, 2024
The Australian Energy Regulator (AER) said increased energy storage capacity will be essential to manage daily and seasonal variations in output on the National Electricity Market (NEM).
October 9, 2024
UK utility SSE’s renewable energy arm has started constructing a 320MW/640MWh battery energy storage system (BESS) in North Yorkshire. When completed, it will be one of the country’s largest.
October 9, 2024
Fluence Energy GmbH, a subsidiary of battery storage system integrator Fluence, will provide solutions for Germany’s largest solar-plus-storage project.
September 3, 2024
The Clean Energy Council (CEC) of Australia has revealed that six large-scale energy storage projects totalling 573MW/2,047MWh reached financial commitment in the second quarter of 2024.

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