South Australia’s first Firm Energy Reliability Mechanism (FERM) tender has awarded agreements to six battery energy storage projects totalling 1,334MW and 5,336MWh.
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.
Australian infrastructure contractor GenusPlus Group has been awarded an AU$110 million (US$78.5 million) engineering, procurement, construction and commissioning contract for the 200MW/800MWh Koolunga battery energy storage system (BESS) in South Australia.
CleanPeak Energy Holdings has signed an agreement to acquire 100% of Sustainable Energy Infrastructure (SEI), one of Australia’s largest owners and developers of sub-5MW solar and battery storage assets.