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Energy storage everywhere at once: Inflation Reduction Act creates viable clean energy economics

March 1, 2023
A major upturn in US energy storage deployments is expected as a direct consequence of the Inflation Reduction Act.
FCAS services remain the biggest revenue stream for most BESS assets in Australia, like the Hornsdale Power Reserve (pictured). Image: Neoen.

Australian tech billionaire Cannon-Brookes’ battery storage fund achieves first closing

February 27, 2023
Infradebt has made the first close of a fund dedicated to investing in large-scale battery storage projects around Australia.
Rendering of the MREH project in Victoria. Image: Equis.

Equis lodges application for 200MW/800MWh Queensland BESS project

January 31, 2023
Infrastructure developer and investor Equis is seeking approval for a 200MW/800MWh battery storage project in Queensland, Australia.
Elsewhere in Queensland, developer Genex is building Australia's first new PHES plant in 40 years at the site pictured, in Kidston. Image: Genex Power.

Copenhagen Infrastructure Partners buys Queensland renewables-plus-storage hub development

December 22, 2022
Renewable energy hub in Australia which will include 16-hour pumped hydro plant acquired by Copenhagen Infrastructure Partners (CIP).
A 10MW PV plant in Germany. Image: Enerparc.

Independent power producer ILOS Projects raises €500 million for European solar, storage pipeline

December 21, 2022
ILOS Projects has secured a €500 million (US$531 million) structured finance facility from global energy and infrastructure investor EIG.
philippines energy storage system investment policy

Southeast Asia’s emerging energy storage opportunities

December 20, 2022
Uptick in energy storage investment in region still largely powered by coal, experiencing population and energy demand growth.
The project aims to transform stretches of the Red Sea coast into a sustainable business, tourism and residential development. Image: Neom.

Sungrow awarded 600MWh BESS contract for Saudi Arabia’s ‘smart city’ Neom

December 15, 2022
During first China-Arab States Summit, Sungrow signed battery storage supply agreement for Saudi Arabia’s new ‘smart city’ megadevelopment.
GIG is working with energy storage system integrator Fluence to put a 150MW BESS at the former site of Hazelwood, a coal power station in Victoria, Australia, Pictured is a rendering of the site's BESS, currently under construction. Image: Fluence via Twitter.

Macquarie’s Green Investment Group launches global battery storage development platform

November 8, 2022
A global battery storage development platform has been launched by Macquarie Asset Management’s Green Investment Group (GIG).
Origin's Eraring coal power station (above), is currently the site of a major BESS development by Origin. Image: CSIRO.

New South Wales hands 700MW/1,400MWh ‘Super Battery’ connection contract to Transgrid

October 14, 2022
Steps forward have been taken New South Wales, Australia, for the largest battery storage system anywhere in the Southern Hemisphere.
Major BESS projects internationally, including the Victorian Big Battery in Australia (pictured) and Zenobe's upcoming project in Scotland are providing inertia via their inverters. Image: Victoria State government.

Neoen proposes 1GW/4GWh BESS at ‘ideal location’ in Australian coal region

September 15, 2022
Neoen has proposed building a gigawatt-scale BESS in a region of Australia with close and continuing ties to the coal industry.

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