Australian energy major AGL Energy has received approval from the New South Wales government for its 500MW/2,000MWh Tomago battery energy storage system (BESS).

Australia has signed climate action and renewabele energy partnerships with India and the UK, which both include energy storage.

London Stock Exchange-listed Gore Street Energy Storage Fund (GSF) has secured a US$80 million increase in debt facilities for its battery storage projects.

Avadis Investment Foundation is buying a BESS project in Switzerland which could be the country’s largest when it is scheduled to come online in 2027.

With the opening of the Capacity Investment Scheme (CIS) tender 3 in Australia last Wednesday (13 November), one major question from the state allocations presented in the market briefing was why Queensland had been granted no capacity.

Large-scale energy storage reaching financial commitment increased 95% year-on-year in Australia in Q3 2024, reaching just under 4GWh.

Victoria, Australia, has secured the largest allocation of dispatchable power in the upcoming Capacity Investment Scheme (CIS), with 1.7GW/6.8GWh for energy storage.

The City of Green Bay in Wisconsin, US, has granted a Conditional Use Permit for a large-scale battery storage project proposed by a subsidiary of Copenhagen Infrastructure Partners (CIP).

The viability of many hydroelectric power stations, including pumped hydro energy storage (PHES), in Tasmania, Australia, may “come into question” in the future, given the island’s lack of interconnectivity with the mainland.

Australian utility Origin Energy yesterday (30 October) confirmed it had started construction on the second phase of its 2.1GWh Eraring battery energy storage system (BESS) in New South Wales, Australia.