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.

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.

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.

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.

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.

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.

This edition of news in brief focuses on energy storage technologies that are emerging or on the path to commercialisation.

Private equity firm Partners Group has invested in ‘green flexibility’, a BESS platform in Germany, with an initial equity commitment of €400 million.

Energy Storage Award 2024 winner, Semih Oztreves, head of network infrastructure at  BESS developer-investor Zenobē Energy, takes part in our annual Q&A series.

At the end of 2024, Australian renewable energy developer ZEN Energy, in partnership with Taiwan’s HD Renewable Energy (HDRE), announced plans to establish a joint venture in Australia that will target 1GW of energy storage capacity.