Toronto, Ontario-headquartered Hydrostor has secured a US$200 million investment for its advanced compressed air energy storage (A-CAES) projects both in Canada and globally.

The New South Wales government has revealed that its green bank, the Energy Security Corporation, will invest in short to long-duration energy storage (LDES) projects as part of its first Investment Mandate.

Wind developer WestWind Energy has signed a lease agreement with Australia’s New South Wales government for the development of a 1,500MWh wind-plus-storage site in the south-west of the state.

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

Acen Australia has submitted a 320MW solar-plus-storage project featuring a 1,400MWac battery energy storage system (BESS) in New South Wales to Australia’s Environment Protection and Biodiversity Conservation (EPBC) Act.

A new 200kW/284kWh community battery energy storage system (BESS) has been switched on in Cammeray, a suburb of Sydney, the capital of New South Wales, Australia.

Global solar developer Lightsource bp and Acen Australia have seen each of their respective solar-plus-storage projects in New South Wales, Australia, totalling 550MW of generation capacity, progress.

The Australian government has approved the development of HumeLink, an almost AU$5 billion (US$3.1 billion) energy transmission project that will unlock the 350GWh Snowy 2.0 pumped hydro energy storage (PHES) expansion.

Australian utility Origin Energy has confirmed that the first stage of the Eraring battery energy storage system (BESS) has been energised.

Finnish marine and energy technology group Wärtsilä has been contracted by Australian utility Origin Energy to deliver the third stage of the Eraring battery energy storage system (BESS) in New South Wales.