Developer Lion Storage has successfully reached financial close on a 1.4GWh battery energy storage system (BESS) set to be developed in the Netherlands.
Australia’s Victoria government has fast-tracked the approval process for a 1.8GWh battery energy storage system (BESS) being pursued by developer Birdwood Energy.
Australia’s Clean Energy Council (CEC) has said that energy storage saw a strong year in 2024 with a capacity of 4,029MW/11,348MWh having reached financial commitment.
Australian energy major AGL Energy disclosed in its half-year results that it intends to make a final investment decision (FID) over the next 18 months for 1.4GW of utility-scale battery energy storage systems (BESS).