The Clean Energy Finance Corporation committed a record AU$9.1 billion (US$6 billion) in the financial year to 30 June 2026.

Avantus has closed a US$1.05 billion corporate credit facility to support the company’s IPP strategy and accelerate development of its solar and energy storage portfolio.

BESS and solar have driven Australia past the halfway mark in NEM renewable penetration, but the technology mix is not yet broad enough.

It’s been a busy week for the large-scale energy storage market in Poland, with projects moved to construction and delivery by EDF Power Solutions & Eurus Energy Europe, Eiffel Investment Group & Ergy, R.Power Renewables, and EDP.

Activity in Italy’s grid-scale market is accelerating, with Sonnedix and the Strioga Family Foundation acquiring projects totalling over 1GWh combined, while BNZ and RWE have ordered BESS from Sungrow and LONGi respectively totalling 540MWh.

Delta Capacity has brought online the Nordic region’s biggest project to date and has acquired another project that would be almost twice the size.

The shareholders of the 900MW Waltrop BESS project in Germany have approved key infrastructure works for the project, with full construction scheduled for the next few months.

The European Commission has released its final Electrification Action Plan, reaffirming its belief that the bloc needs 200GW of energy storage by 2030.

Australian Prime Minister Anthony Albanese has said that large-scale data centres will be legally required to put at least as much energy into the grid as they draw from it, and that this supply must be renewable energy.

Avantus, with Fluence, is progressing on two solar-plus-battery energy storage system (BESS) projects in California, US.