investment

February 7, 2025
Developer Amp Energy has closed project financing for the construction of the first stage of its 500MWh Bungama BESS in South Australia. 
February 6, 2025
Potentia Energy, a joint venture co-owned by Enel Green Power and INPEX, is set to secure several battery energy storage system (BESS) assets across Australia as part of a 1.2GW portfolio acquisition.
February 4, 2025
Renewable energy developer Ampyr Australia has secured Shell Energy Australia’s remaining stake in the 1GWh Wellington battery energy storage system (BESS) in New South Wales.
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February 3, 2025
Although last year saw a dip in installations and projects submitted for planning, the BESS market in the UK continues to steam ahead with over 8GWh online and nearly 20GWh being built.
February 3, 2025
Western Australia’s Premier Roger Cook of the Labor Party has pledged to invest AU$150 million (US$92.4 million) into a 500MWh 10-hour duration vanadium battery energy storage system (BESS) should it be re-elected in the upcoming state election.
January 30, 2025
The cancellation of the 5GW/120GWh Pioneer-Burdekin Pumped Hydro Project in Queensland, Australia, has seen power price forecasts jump by over 60% for 2035.
January 22, 2025
Modo Energy has signalled that 16.8GW of battery energy storage systems (BESS) will connect to Australia’s National Electricity Market (NEM) by the end of 2027.
January 22, 2025
Quinbrook Infrastructure Partners has secured AU$722 million (US$452 million) in debt financing for the first two stages of its ‘Supernode’ energy storage project in Queensland, Australia.
January 20, 2025
Africa’s energy storage market has seen a boom since 2017, having risen from 31MWh to 1,600MWh in 2024, according to trade body AFSIA Solar’s latest report.
January 17, 2025
This edition of news in brief focuses on energy storage technologies that are emerging or on the path to commercialisation.

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