Queensland’s Swanbank battery energy storage system (BESS) earned AU$743,000 (US$532,608) in dispatch revenue last month, more than double the AU$306,000 generated by the Victorian Big Battery over the same period in Australia.
Battery energy storage systems (BESS) have emerged as the defining feature of Australia’s Capacity Investment Scheme (CIS) Tender 7, with 2GW/7.9GWh of co-located energy storage successful.
Australia has emerged as the world’s third-largest utility-scale battery energy storage market, with 4.3GW of large-scale battery storage systems reaching financial close in 2025.
Yarra Energy Foundation (YEF), a not-for-profit organisation, has commissioned a community battery storage system and two wheelchair-accessible electric vehicle (EV) charging bays in Clifton Hill, an inner-city suburb of Melbourne, Australia.
Developer Alternate Path has secured federal environmental approval for its 500MW/2,000MWh Murchs Corner battery energy storage system (BESS) in Victoria, Australia.
CleanPeak Energy Holdings has signed an agreement to acquire 100% of Sustainable Energy Infrastructure (SEI), one of Australia’s largest owners and developers of sub-5MW solar and battery storage assets.