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. 

Potentia Energy, a joint venture co-owned by Enel Green Power and INPEX, is set to secure several battery energy storage system (BESS) assets across Australia as part of a 1.2GW portfolio acquisition.

A 450MW wind-plus-storage project in Tasmania, featuring a battery energy storage system (BESS) with a capacity of 200-400MWh, has been submitted for approval under the Australian government’s Environment Protection and Biodiversity Conservation (EPBC) Act.

Renewable energy developer Ampyr Australia has secured Shell Energy Australia’s remaining stake in the 1GWh Wellington battery energy storage system (BESS) in New South Wales.

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

Not-for-profit consultancy Yarra Energy Foundation (YEF) has said that its Fitzroy North community battery in Melbourne, Australia, generated AU$8,423 in revenue, excluding goods and services tax (GST), for the 2023-24 financial year.

Singapore-headquartered renewable energy producer Vena Energy has added a 41.5MW battery energy storage system (BESS) to an existing 87MW solar PV power plant in South Australia.