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Image: Hepburn Energy.
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OptiGrid: Lately, BESS in Australia’s NEM ‘rarely go fully contracted’

August 12, 2025
Sahand Karimi, CEO of OptiGrid, tells ESN Premium that the majority of BESS projects in the NEM “rarely go fully contracted”.
Energy Vault B-Vault BESS units at a project in Texas for developer Jupiter Power. Image: Energy Vault

Energy Vault acquires 1GWh BESS in Australia as Q2 2025 revenue increases by 125% year-on-year

August 11, 2025
Energy storage developer and system integrator Energy Vault has acquired the 125MW/1,000MWh Stoney Creek BESS in New South Wales, Australia.
Image: Akaysha Energy.

Grid-scale battery storage discharging hits all-time quarterly high in Australia’s NEM

August 1, 2025
Grid-scale BESS discharge has hit an all-time quarterly high in Australia’s National Electricity Market for an average of 162MW in Q2 of 2025.
Renalfa IPP solar BESS projects Bulgaria Eastern Europe

Renalfa IPP lands EU first loss guarantee-backed financing for CEE renewables and storage rollout

July 28, 2025
Renalfa IPP has secured a €315 million (US$367 million) financing package from an EBRD-led consortium to support a 1.6GW renewables, 3.3GWh BESS rollout in Bulgaria, Hungary, Romania, and North Macedonia.
Saft will install, commission and operate the BESS for Phase One of the project in Fukushima, northeast Japan. Image: Saft

Japan: Gurin Energy picks technology provider for first phase of 2GWh battery storage project

June 13, 2025
Renewable energy developer Gurin Energy has appointed Saft as the technology provider to a gigawatt-hour-scale battery energy storage system (BESS) in Japan.
Cover illustration of PV Tech Power Vol.42 (Q2 2025).

Supply chain risk mitigation & optimisation strategies for European BESS assets: PV Tech Power 42 is out now!

May 12, 2025
The Q2 2025 edition of our downstream solar PV journal, PV Tech Power, is now available to download for subscribers of ESN Premium.
Genex Power's Bouldercombe BESS project (pictured) suffered a 'minor' fire during commissioning but has since come online. Image: Genex Power.
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BESS revenue in Australia’s NEM drops 40% on average in March 2025

April 15, 2025
A reduction in price volatility has seen BESS revenue decrease by 40% in Australia’s NEM month-on-month in March 2025.
Image: Neoen.

Neoen: Energy storage revenue up 66% off the back of Australian projects

March 7, 2025
Neoen’s Australia-based energy storage assets have helped boost the company’s 2024 storage revenue by 66% year-on-year.

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