Fotowatio Renewable Ventures (FRV) Australia has reached financial close on the 250MW/500MWh Gnarwarre battery energy storage system (BESS) in Victoria.
The Australian Energy Market Operator (AEMO) has made grid-forming BESS a priority for the National Electricity Market (NEM) and South West Interconnected System (SWIS) for 2026.
The Australian Energy Market Commission (AEMC) predicts South Australia and New South Wales could experience reliability gaps from 2026-27 and 2027-28.
The Australian government is set to cut CIS tender process times to around six months as a 576MWh solar-plus-storage site has been approved in Tasmania.
The Australian Energy Market Operator (AEMO) has successfully implemented a new rule in the National Electricity Market (NEM) incentivising participants to provide “helpful” impacts on frequency.
