Australian electricity retailer AGL Energy confirmed yesterday (14 August) it has entered into a binding agreement to acquire battery energy storage system (BESS) developer Firm Power along with solar PV developer Terrain Solar.

State-owned energy company Stanwell has today (13 August) announced it has started construction on its 300MW/1,200MWh battery energy storage system (BESS) at the coal-fired Stanwell Power Station in Queensland, Australia.

Acen Australia has submitted assessment documents for its 600MW Birriwa solar-plus-storage in New South Wales (NSW), Australia.

The US industry’s prolific recent run of developers raising significant financing continues with announcements from Aypa Power and Hunt Energy Network.

Ambri, the MIT-spinoff commercialising a liquid metal battery for stationary storage applications, looks set for a fresh start.

Eolian, BrightNight and esVolta, three US-headquartered developers and independent power producers (IPPs) with energy storage projects in their portfolios and pipelines, have each announced major financing.

Recurrent Energy is seeking a loan from financial institution North American Development Bank (NADBank) to fund the construction of a 100MW/200MWh standalone battery storage facility located in Maverick County, Texas.

Japanese power company J-Power has completed its takeover of Australian renewable energy and energy storage developer Genex Power in a deal worth AUS$351 million (US$229 million).

Hybrid power plants are the future of the energy market, but smart hardware needs to be supported with smart optimisation, write Isabella Caschetto and Dominic Multerer of CAMOPO.

Australian utility Origin Energy has approved the second stage of the Eraring battery energy storage project in New South Wales, Australia.