Zen Energy, a South Australian renewable energy company co-founded by economist Ross Garnaut, has appointed voluntary administrators after its retail business failed to secure a viable buyer.

The NSW government has declared two pumped hydro projects totalling 22,000MWh of storage capacity as critical infrastructure.

HDRE and Zen Energy have executed a 20-year power purchase agreement for the 111MW/330MWh Templers Battery Project in South Australia.

Pacific Green has inked a 10-year tolling agreement with ZEN Energy across three BESS in Australia, totalling 1.5GWh of capacity.

Two BESS have been submitted to Australia’s EPBC Act, totalling a potential 3,400MWh of energy storage in Queensland and New South Wales.

ZEBRE, a joint venture (JV) between HDRE and ZEN Energy, has acquired a 333MWh battery energy storage system (BESS) in South Australia.

Taiwan’s HD Renewable Energy (HDRE) and Australian renewable energy developer ZEN Energy have secured a 795MW greenfield solar PV and energy storage portfolio spanning four projects in Australia.

At the end of 2024, Australian renewable energy developer ZEN Energy, in partnership with Taiwan’s HD Renewable Energy (HDRE), announced plans to establish a joint venture in Australia that will target 1GW of energy storage capacity.

Six energy storage projects, totalling 3,626MWh of energy, have secured support via the Australian government’s Capacity Investment Scheme (CIS).

Utility Zen Energy has acquired a large-scale 2.5 hour battery storage project from developer and IPP RES in Australia, expected to be online by the end of next year.