Chinese battery manufacturer Rept Battero has announced plans to develop an 8GWh gigafactory in Indonesia specialising in lithium-ion cells for battery energy storage systems (BESS).
Chinese multinational renewable energy solutions provider Envision Energy will supply a 320MWh battery energy storage system (BESS) to Juniper Green Energy in India.
Western Australia and Victoria’s AusNet have provided financial aid to support battery energy storage systems (BESS) in the energy transition and community energy resiliency.
The rhetoric around new and increased trade barriers between the US and China affecting batteries, battery materials and BESS has ramped up in the past few weeks, and we hear from a lawyer and a political analyst.
Chinese battery manufacturer Hithium and Samsung C&T Engineering & Construction (Samsung C&T) have penned a new agreement targeting around 10GWh of battery energy storage system (BESS) capacity globally.
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.
Western Australia’s Economic Regulation Authority has set the peak and flexible benchmark reserve capacity prices (BRCPs) at AU$360,700/MW (US$224,898/MW) annually from 2027-28.
Solar PV developer Lightsource bp has started construction on two solar-plus-storage projects in Queensland and New South Wales, Australia, following success in the first tender of the Capacity Investment Scheme (CIS).
Research firm Wood Mackenzie has found that daily price volatility from renewables on Australia’s National Electricity Market (NEM) supports a stronger battery revenue outlook.
