Queensland’s Swanbank battery energy storage system (BESS) earned AU$743,000 (US$532,608) in dispatch revenue last month, more than double the AU$306,000 generated by the Victorian Big Battery over the same period in Australia.
Battery energy storage systems (BESS) have emerged as the defining feature of Australia’s Capacity Investment Scheme (CIS) Tender 7, with 2GW/7.9GWh of co-located energy storage successful.
Australia has emerged as the world’s third-largest utility-scale battery energy storage market, with 4.3GW of large-scale battery storage systems reaching financial close in 2025.
Singapore-based Equis has launched GreenPoint Energy, a wholly owned subsidiary consolidating its Australian renewable energy and battery storage operations under a dedicated platform with a 2.5GW portfolio of 12 battery energy storage systems (BESS) and wind projects across every National Energy Market (NEM)-connected state.
Australia’s New South Wales (NSW) has opened two tenders seeking 2.5GW of renewable energy generation and 12GWh of long-duration energy storage, marking the largest generation procurement in the state’s history under its Electricity Infrastructure Roadmap.
Swedish independent power producer (IPP) OX2 has confirmed it has started construction activities at the 100MW/300MWh Muswellbrook solar-plus-storage site in New South Wales (NSW), Australia.
Australian energy storage developer Enervest has acquired the Northern Border Battery, a 300MW battery energy storage system in development, from an unnamed Sydney-based developer.