Western Australia (WA) has said it will provide funding for two battery energy storage system (BESS) projects that will be among the biggest in Australia to date.

Australia’s Federal Budget included AU$4 billion new investment in energy, confirmation of tenders for renewables and energy storage.

Bitech has received a Letter of Intent from Nam Viet Green Energy for solar, battery storage project financing and execution.

Australia will launch its first tenders for large-scale energy storage resources during this year, minister says.

NHOA is on track to achieve a targeted 10x growth in its business, but will require funds from its parent company to complete the task.

RWE has been awarded a long-term contract for a 50MW/400+MWh battery storage project in New South Wales, Australia.

CATL has committed to a carbon neutrality plan, identifying five ‘key links’ in its value chain to implement emissions reduction measures.

Work is set to begin “within weeks” on a BESS project at the site of a coal power plant in New South Wales, Australia.

Nearly double the megawatt-hours of large-scale BESS under construction in Australia by the end of 2022 compared to 2021.

Vietnam’s energy storage sector a priority for Asian Development Bank and Global Energy Alliance for People and Planet funds.