CIP has acquired full ownership of the 104MW Gawara Baya wind-plus-storage project in North Queensland, Australia, from developer Windlab.

Octopus Australia, via its development partner Enervest, has submitted a 1.2GW/4.8GWh BESS for assessment under Australia’s EPBC Act.

AMPYR Australia has selected OptiGrid’s OptiBidder platform to optimise the battery storage systems in its portfolio, following a benchmarking process that compared the platform’s revenue performance against rival optimisation systems.

HMC said it has committed equity to develop its first new-build battery storage project in Australia, a 300MW/1,200MWh facility in Victoria.

DC-coupled solar-plus-storage projects can reduce the time needed for grid connection approval compared with AC-coupled designs.

Australia’s BESS market evolves from physical tolls to commoditised contracts as spreads compress & investor return expectations rise to 14%.

BESS developers who built business cases on assumptions of faster coal plant closures are now absorbing the consequences of that timeline slipping.

GE Vernova and CATL selected for 1,216MWh Supernode Stage 3 in Queensland, which will expand Australia’s largest battery storage system.

Battery energy storage degradation guarantees need to evolve as the surrounding market does, writes Faisal Mohd at Envision Energy Australia.

Windlab and Squadron Energy have referred a 500MW BESS at the Bungaban solar-plus-storage project in Queensland for approval.