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

Fluence’s launch of a battery storage solution targeted at transmission network projects speaks to the high value of an as-yet underserved market.

A battery storage system in the UK has begun delivery of reactive power services, claimed as a world first contract of its kind.

Energy storage could be a powerful asset in facilitating transmission upgrades required for New York’s low carbon energy transition.

Exagen has submitted plans for a 500MW/1GWh battery storage project to Blaby District Council, in the Midlands region of England, UK.

Fluence said the company is on track to grow revenues by almost a third on “multi-year” basis, leading to breakeven EBITDA in 2024.

News of major project acquisitions in another busy week for the UK battery storage market.

Australia’s government has put its support behind two major transmission projects which will increase the utilisation of renewable energy.

Steps forward have been taken New South Wales, Australia, for the largest battery storage system anywhere in the Southern Hemisphere.

Quinbrook developing A$2.5 billion ‘Supernode’ site in Queensland for storing energy and data that would include 2,000MWh of battery storage.