“Australia is one of the leading countries for grid-forming inverters,” said Natalie Thompson, senior analyst of energy storage and solar at Wood Mackenzie, when discussing the Australian energy storage market.

Renewables developer and independent power producer (IPP) TagEnergy has acquired Australian developer ACE Power, adding 6GW of energy storage and renewables projects to its portfolio.

“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.

BESS developer Pacific Green Technologies has secured a AU$77 million (US$49.9 million) debt facility for projects in Australia.

“We’re expecting the results of the Capacity Investment Scheme (CIS) Tender 3 in the coming weeks,” Thimo Mueller, general manager, commercial at ASL, said in the opening keynote of the Battery Asset Management Summit Australia 2025 this morning.

Several new community batteries have been launched in Victoria and Queensland, Australia, to soak up distributed solar PV.

The Australian Energy Market Operator (AEMO) has found battery energy storage systems (BESS) are the most reliable clean energy technology in the National Electricity Market (NEM).

State-owned utility Western Power has commissioned five new community batteries in Perth suburbs as part of a federally funded initiative in Western Australia.

ACE Power has confirmed the sale of the 103MW/206MWh Kerang grid-forming BESS in the Loddon Valley region of Victoria, Australia.

CATL has partnered with renewable energy developer ACEnergy to supply 3GWh of battery energy storage systems (BESS) in Australia.