Utility and power generation firm Vistra will write down the value of its Moss Landing BESS to the tune of US$400 million in depreciation expense, its entire remaining book value.

“BESS project financing is rapidly evolving,” says Niall Brady of Australia’s Clean Energy Finance Corporation (CEFC).

Billion Watts Technologies, the solar and energy storage subsidiary of Taiwan’s Billion Electric, has completed a 64MW/262.43MWh battery energy storage system (BESS) in central Taiwan.

Ark Energy has penned a battery supply agreement with Hanwha Energy for a 275MW/2,200MWh BESS in northern New South Wales, Australia.

Tim Buckley of the Climate Energy Finance speaks to ESN Premium about how Australia-Chinese relations could provide an energy storage boom.

Over 6GW of energy storage capacity has been included within the Australian government’s inaugural National Renewable Energy Priority List.

South Australian electricity distributor SA Power Networks is set to develop a portfolio of community batteries to help support distributed energy resources and electric vehicle (EV) charging capabilities.

Australia’s Energy Queensland, a government-owned distribution system operator, has partnered with cloud-based battery analytics provider ACCURE Battery Intelligence to monitor two 8MWh batteries in Queensland.

A consultation into the Western Australia Capacity Investment Scheme (CIS) tender design has been opened by the Australian government.

European lithium-ion OEM Northvolt has sold the division in which its ESS manufacturing plant in Poland sits, as it continues to divest non-core assets amidst its ongoing Chapter 11 bankruptcy.