Acen Australia secures AU$750 million financing for 13GW renewables, energy storage pipeline
Acen Australia has secured AU$750 million (US$472 million) in debt financing to support the rollout of its 13GW renewable energy and storage portfolio.
BESS revenue in Australia’s NEM drops 40% on average in March 2025
A reduction in price volatility has seen BESS revenue decrease by 40% in Australia’s NEM month-on-month in March 2025.
Samsung C&T submits plans for 320MWh BESS in New South Wales to Australia’s EPBC Act
Samsung C&T Renewable Energy Australia has submitted plans for a 320MWh battery storage system in New South Wales to Australia’s EPBC Act.
‘There’s a lot of stars that need to align’: Fluence on batteries as virtual transmission in Australia
Rob Hills, APAC vice-president of engineering and commissioning, Fluence, said: “A lot of stars need to align” for BESS as virtual transmission.
Wärtsilä to supply the first utility-scale DC-coupled hybrid BESS on Australia’s NEM
Wärtsilä will supply what it claims is the first large-scale DC-coupled hybrid battery connected to Australia’s NEM for Octopus Group.
‘We’re talking 56GW of storage by 2035’: Australia’s Essential Energy confirms V2G tech is market-ready
Australian electricity distributor Essential Energy has confirmed that vehicle-to-grid (V2G) charging technology is now market-ready in Australia.
Western Australia’s first grid-connected hybrid solar-battery site comes online
GPG has brought online what it claims is Western Australia’s first grid-connected large-scale solar-plus-storage hybrid project.
Australia’s WaterNSW assessing pumped hydro storage viability at 41 of its dams
State-owned company WaterNSW has confirmed it is exploring opportunities to implement pumped hydro energy storage (PHES) across 41 of its dams in New South Wales, Australia.
Construction begins on 200MWh SEC Renewable Energy Park in Victoria, Australia
The SEC, a state-owned energy company in Victoria, Australia, has confirmed that construction has started on the SEC Renewable Energy Park.
Australian Labor Party pledges to introduce AU$2.3 billion home battery subsidy if re-elected
Anthony Albanese, leader of the Australian Labor Party, has pledged to introduce an AU$2.3 billion battery subsidy scheme if re-elected.
