New Zealand generator-retailer Genesis Energy has reached Final Investment Decision (FID) on the second stage of its Huntly battery energy storage system (BESS).
Climate Energy Finance’s Tim Buckley argues that geopolitical instability exposes Australia’s oil dependency and positions the country as a safe haven for international renewable energy capital.
Australia’s MGA Thermal has secured AU$17 million (US$12 million) in new investment for its long-duration thermal energy storage technology as it enters the commercial scale-up phase.