The World Bank’s International Finance Corporation has agreed a financing package for a 1GW solar PV power plant paired with 600MWh of energy storage in Egypt.  

Renewable energy companies Akuo Energy and Voltalia have begun constructing projects in French overseas territories.

Two major Middle East and North Africa (MENA) region projects combining solar PV and battery storage have progressed in Saudi Arabia and Egypt through ACWA Power and Scatec, respectively.

Solar Media analyst Charlotte Gisbourne assesses the outlook for the major listed non-lithium battery energy storage technology companies.

Ampyr Australia has secured a 15-year battery storage agreement with InCommodities for the 600MWh Bulabul BESS in New South Wales.

Developer Akaysha Energy has confirmed that the 850MW Waratah Super Battery will undergo a planned balance of plant shutdown from 20 November to 2 December 2025.

Australia’s AGL Energy has agreed to divest 19.9% of its equity interest in Tilt Renewables to Queensland Investment Corporation (QIC) and a Future Fund-led consortium for AU$750 million (US$488 million).

Peregrine Energy Solutions has secured US$130 million from investors including the South Korean Ministry of Environment.

A trio of energy storage startups: XL Batteries, Unbound Potential and Fourth Power, have raised financing for emerging flow battery and thermal storage technologies.

The Queensland government has invested AU$48 million to overhaul the ageing 5.7GWh Wivenhoe Pumped Hydro Power Station in Australia.