French independent power producer (IPP) Neoen has agreed to sell its operational and development projects in Victoria, Australia, including the 350MW/450MWh Victorian Big Battery, for AU$950 million (US$610 million).

AEMO said that new energy storage capacity that has come online will play a key role in grid stability throughout the 2024-25 summer months.

Western Australia’s GreenTech Hub, dedicated to supporting emerging green technologies, will explore advanced energy storage systems as its first challenge.

Battery energy storage developer Eku Energy has completed the construction of the second-largest battery energy storage system (BESS) in the Australian state of Victoria.

“The projects in Australia are at a scale that is that is not seen anywhere else in the world,” Wärtsilä’s Andy Tang tells Energy-Storage.news

State-owned energy company Synergy has completed construction of its 200MW/800MWh Kwinana battery BESS in Western Australia.

Multinational utility and IPP Engie, has penned a virtual battery offtake agreement with developer Neoen for a portion of its Victorian Big Battery.

Energy generator and retailer Alinta Energy has penned an early contractor agreement for the 7.2GWh Oven Mountain pumped hydro energy storage (PHES) project in New South Wales, Australia.

Australian transmission system operator Transgrid has contracted Edify Energy’s 300MWh Riverina and Darlington Point battery energy storage system (BESS) to increase its network capacity in New South Wales by 120MW.

Battery energy storage developer Eku Energy has reached a financial close for 250MW/500MWh battery energy storage system (BESS) in Canberra, the Australian Capital Territory (ACT).