Acen Australia has secured AU$750 million (US$472 million) in debt financing to support the rollout of its 13GW renewable energy and storage portfolio.

Rob Hills, APAC vice-president of engineering and commissioning, Fluence, said: “A lot of stars need to align” for BESS as virtual transmission.

Elgin Energy has seen a 330MW solar-plus-storage site featuring a 250MW/500MWh BESS fast-tracked by the Victoria government in Australia.

New South Wales could become the first Australian state to pass battery regulation under the Product Lifecycle Responsibility Act.

Mark Croudace, executive representative of the LDES Council, questioned what technologies will join lithium-ion on the energy storage podium.

Fluence will use its AI-powered bidding optimisation software Mosaic to co-optimise Gentari’s 172MW Maryvale solar+BESS site in Australia.

LG Energy Solution has confirmed that it will manufacture the batteries for a 263MW/900MWh BESS project in Poland at its plant in Wroclaw, in the southwest of the country.

Squadron Energy is seeking approval from the Australian government’s EPBC Act to develop a 1,000MWh BESS in New South Wales.

Dr Emi Gui of the Monash Energy Institute believes there’s a void in the market for an entity to drive Australia’s community batteries.

Acen Australia has sold a 50MW/100MWh 2-hour duration hybrid solar PV and BESS project to developer FRV Australia.