Sembcorp Industries has completed its acquisition of Alinta Energy at a value of AU$6.5 billion (US$4.32 billion).

The inertia market could be a significant contributor to the German energy mix, despite the challenges that remain.

Minimising counterparty risk is a key component of the German BESS sector, particularly amid ongoing political uncertainty.

Gamuda Renewables has secured an interest in the 1,800MWh Hazelwood North solar-plus-storage project in Victoria, Australia.

Queensland Investment Corporation has opened a formal call for proposals under the state government’s AU$200 million North West Energy Fund.

The UK’s NESO has cleared 150GW of BESS from its grid connection queues, according to figures from BloombergNEF.

Singapore-based Equis has launched GreenPoint Energy, a wholly owned subsidiary consolidating its Australian renewable energy and battery storage operations under a dedicated platform with a 2.5GW portfolio of 12 battery energy storage systems (BESS) and wind projects across every National Energy Market (NEM)-connected state.

Edify Energy has reached financial close on two solar-plus-storage projects in Queensland, totalling 600MW/2,400MWh of BESS.

Australian energy storage developer Enervest has acquired the Northern Border Battery, a 300MW battery energy storage system in development, from an unnamed Sydney-based developer.

Australia has clawed back AU$1.3 billion (US$940 million) in uncommitted clean energy manufacturing funding, with the Solar Sunshot Program and Battery Breakthrough Initiative among the programmes hit by budget cuts announced this week.