“Battery energy storage systems (BESS) typically change ownership between two and four times during their 40-year lifecycle,” John Sheehy, CEO of Pottinger, said on day two of the Battery Asset Management Summit Australia 2025 this morning.

India’s ambitious drive for renewable energy has accelerated the need for energy storage, but there are many factors to success, writes Charith Konda of the Institute for Energy Economics and Financial Analysis (IEEFA).

Australia’s DCCEEW has announced plans to streamline the Capacity Investment Scheme (CIS) by transitioning to a one-stage process.

Globeleq and African Rainbow Energy have reached commercial close on the 612MWh Red Sands BESS in South Africa.

The electricity regulator for Rajasthan, India, has approved the lowest tariff rate for a battery storage tender in the country so far.

South Australia is preparing to launch a new LDES tender seeking projects with a minimum of 30MW and at least 8 hours in duration.

The New South Wales government has stacked the incentives available for a solar and home battery energy storage system (BESS) should it connect to a virtual power plant (VPP).

Sacramento Municipal Utility District (SMUD) has finalised terms of a PPA with developer D. E. Shaw Renewable Investments (DESRI).

Governor of Virginia, US, Glenn Youngkin, has vetoed legislation aimed at raising energy storage targets in the state.

The Labor Party, led by Anthony Albanese, has secured a landslide victory in the 2025 Australian federal election.