Zen Energy, a South Australian renewable energy company co-founded by economist Ross Garnaut, has appointed voluntary administrators after its retail business failed to secure a viable buyer.

Singapore-headquartered clean energy developer Vena Energy has raised AU$1.4 billion (US$970 million) in green finance to support 614MW of solar PV capacity and 1,141MWh of battery energy storage systems (BESS) in Australia.

OptiGrid’s Sahand Karimi examines why state of charge & algorithm quality drove divergent outcomes during SA1’s AU$20,300/MWh price cap on 21 June.

Germany’s policymakers, regulators and energy storage industry must carefully consider the issues of grid connections and grid fees, writes Thomas Antonioli of developer Terra One.

Neoen Australia has signed virtual battery agreements with energy retailers Nectr and SmartestEnergy for Stages 2 and 3 of the Western Downs Battery in Queensland.

Virginia’s biggest standalone BESS comes online, Cypress Creek raises funding for a gigawatt-scale hybrid resource, and Kore Power’s mobile solutions subsidiary is sold, in this edition of news in brief.

The NSW Energy Security Corporation has deployed its first investment, committing AU$100 million to a large-scale battery storage platform.

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.