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.

Turkey pre-licensing energy storage facilities paired with renewables, with around 20GW expected to be granted within three years.