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

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 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.

Renewable energy developer Gurin Energy has appointed Saft as the technology provider to a gigawatt-hour-scale battery energy storage system (BESS) in Japan.

The Q2 2025 edition of our downstream solar PV journal, PV Tech Power, is now available to download for subscribers of ESN Premium.

A reduction in price volatility has seen BESS revenue decrease by 40% in Australia’s NEM month-on-month in March 2025.

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