Queensland Hydro is set to progress the development of its 48GWh Borumba site despite government concerns about its viability in Australia.

The New South Wales government has revealed that its green bank, the Energy Security Corporation, will invest in short to long-duration energy storage (LDES) projects as part of its first Investment Mandate.

Wind developer WestWind Energy has signed a lease agreement with Australia’s New South Wales government for the development of a 1,500MWh wind-plus-storage site in the south-west of the state.

ACE Power has submitted a 500MW BESS in Queensland to Australia’s Environment Protection and Biodiversity Conservation (EPBC) Act.

Australian energy major AGL Energy disclosed in its half-year results that it intends to make a final investment decision (FID) over the next 18 months for 1.4GW of utility-scale battery energy storage systems (BESS).

Gold Green Energy has secured consent for a 400MWh solar-plus-BESS site, whilst AEMO has seen 18.1GW of BESS seeking a connection to the NEM.

Modo Energy has said that battery energy storage systems (BESS) in Australia’s National Electricity Market (NEM) earned an average of AU$148,000/MW (US$92,810/MW) in 2024, a 45% increase year-on-year.

Tesla has inked an MoU with the Western Australian government to develop a battery re-manufacturing facility in Collie.

Copenhagen Infrastructure Partners (CIP) has issued notice to proceed for Summerfield large-scale battery storage project in South Australia.

Developer Amp Energy has closed project financing for the construction of the first stage of its 500MWh Bungama BESS in South Australia.