Global infrastructure investor I Squared Capital has launched ANZA Power, a next-generation independent power producer (IPP) in Australia and New Zealand.

BlackRock-backed developer Akaysha Energy is reportedly considering options to raise additional funds, including selling a minority stake, to support the expansion of its battery energy storage operations.

While coal and gas power plants grapple with cost increases, Australia’s battery storage sector delivers a different story, with costs plummeting across all durations.

Atmos Renewables and Potentia Energy have secured financing packages for their Australian renewables and energy storage portfolios.

Waratah Super Battery developer Akaysha Energy has put the first phase of its Ulinda Park BESS project into operation in Queensland, Australia.

Two major Middle East and North Africa (MENA) region projects combining solar PV and battery storage have progressed in Saudi Arabia and Egypt through ACWA Power and Scatec, respectively.

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Manoa Energy and HD Renewable Energy Japan have begun commercial operation of a 50MW/104MWh battery storage project in Hokkaido, Japan.

Ampyr Australia has secured a 15-year battery storage agreement with InCommodities for the 600MWh Bulabul BESS in New South Wales.

The Western Australian government has launched the first stage of an Expression of Interest (EOI) process for a 50MW/500MWh vanadium flow battery energy storage system (VBESS) in Kalgoorlie.