BlackRock-backed Akaysha Energy has secured AU$460 million (US$299 million) in construction financing for its 311MW/1,244MWh Elaine battery energy storage system (BESS) in Victoria, Australia.

Origin Energy has secured unconditional connection agreements with AEMO for its 300MW/650MWh grid-forming BESS at Mortlake Power Station in Victoria.

The Victoria government in Australia has approved a 300MW/1,200MWh BESS in Gippsland and a 332MW solar PV power plant with integrated storage in the state’s northeast region.

Victoria’s home battery energy storage programme has supported the installation of approximately 20,000 residential energy storage systems, doubling its original target of 10,000 units, according to the state’s climate action minister, Lily D’Ambrosio.

Publicly-owned energy company CleanCo Queensland’s 250MW/500MWh Swanbank battery energy storage system (BESS) has officially registered with AEMO and commenced its testing and commissioning phase.

Australia has announced the results of the fourth Capacity Investment Scheme tender, with 11.4GWh of solar-plus-storage contracts awarded.

Australia’s National Electricity Market (NEM) achieved multiple battery energy storage records during the weekend of 27-28 September 2025, highlighted by total storage capacity reaching 6,591.5MWh for the first time.

Victoria has become the first state in Australia’s National Electricity Market (NEM) to achieve more than 1GW of simultaneous battery storage charging.

Two battery storage offtake agreements have been signed in Australia, representing over 2GWh of storage capacity.

Victoria, Australia, has seen just under 5GWh of battery energy storage systems (BESS) granted approval for development by the state and federal governments.