Octopus Australia has achieved financial close on a AU$900 million (US$587 million) DC-coupled hybrid facility that combines 300MW of solar generation with a 243MW/486MWh battery energy storage system (BESS) in New South Wales.
Ampyr Australia has acquired the 270MW Davenport battery energy storage system (BESS) in South Australia from Green Gold Energy (GGE), renaming the facility the ‘Northern Battery’.
Queensland Investment Corporation (QIC) and EDP Renewables Australia have signed an exclusivity agreement to develop the Punchs Creek Renewable Energy Project, a 1,600MWh solar-plus-storage project in Queensland’s Toowoomba region.
Australia’s AGL Energy has agreed to divest 19.9% of its equity interest in Tilt Renewables to Queensland Investment Corporation (QIC) and a Future Fund-led consortium for AU$750 million (US$488 million).
Trina Storage has signed a memorandum of understanding (MoU) with Pacific Green Energy Group to supply up to 5GWh of battery energy storage systems between 2026 and 2028.
BlackRock-backed Akaysha Energy has secured AU$460 million (US$299 million) in construction financing for its 311MW/1,244MWh Elaine battery energy storage system (BESS) in Victoria, Australia.