Renewable energy developer Ampyr Australia has signed what it claims is an Australian “first-of-a-kind” Aboriginal community equity partnership and participation model for the Wellington Stage 1 battery energy storage system (BESS).

Estimated net revenue, covering both energy and FCAS markets, for grid-scale batteries on the NEM reached AU$69.5 million in Q4 2024.

While market opportunities for energy storage in Texas are considered to be limited, the largest battery project in the state so far, a 42MWh system, has just come online.

We continue with the second part of our feature interview with clean energy entrepreneur and financier Jigar Shah of Generate Capital. We’ve just left off discussing the risk profile of various investors and how the industry is gradually drawing attention from more traditional sources of capital, from the early adopter-venture capital mentality we have seen to date.

Energy storage could have a ‘highly critical’ role to play in emerging economies, Aloke Gupta of Imergy Power Systems says. Gupta, who was previously with California’s Public Utilities’ Commission, the state’s regulator, talks about the uses and applications of micro-grids, from his vantage point of view as a flow battery and storage system maker.