The New South Wales government in Australia is investing AU$3 million (US$2.1 million) to scope new solar-plus-storage-powered microgrid projects across four remote communities in the state’s Far West.
The venture-capital-style returns once available in Australia have disappeared, according to panellists at the Battery Asset Management Summit Australia 2026.
Octopus Australia has referred the Blackstone battery energy storage system (BESS), a 500MW/2,000MWh standalone facility, to Australia’s federal government for assessment under the Environment Protection and Biodiversity Conservation (EPBC) Act.