Australia uplifts Capacity Investment Scheme target to 40GW of renewables and energy storage
Australia’s minister for climate change and energy, Chris Bowen, has confirmed that the Capacity Investment Scheme (CIS) will be upsized from 32GW to 40GW.

Australia’s minister for climate change and energy, Chris Bowen, has confirmed that the Capacity Investment Scheme (CIS) will be upsized from 32GW to 40GW.
Australia’s Clean Energy Finance Corporation (CEFC) has announced it has invested a record AU$4.7 billion (US$3.09 billion) in large-scale renewables, energy storage, and transmission projects during the 12-month period ending 30 June 2025.
The New South Wales government has announced plans to launch a new tender seeking 500MW of firming capacity, seeking bids from battery energy storage, gas and virtual power plants (VPP).
Australia-based battery energy storage system (BESS) developer, owner and operator Stor-Energy has announced plans to build a 1,449MWh 8-hour duration BESS.
DP Energy has announced plans to build a wind-plus-storage project in Queensland, Australia, featuring up to 2,000MWh of BESS.
Australian renewable energy developer Edify Energy has confirmed that the 185MW/370MWh Koorangie battery energy storage system (BESS) in Victoria is fully operational.
Australia-based battery energy storage system (BESS) developer, owner and operator Stor-Energy has announced plans to build a 1,449MWh 10-hour duration BESS.
CS Energy has said its 200MW/400MWh Greenbank battery energy storage system has started commercial operations in Queensland, Australia.
On 21 July, standalone BESS and solar-plus-storage each achieved new generation records in Western Australia’s SWIS.
Renewable energy developer Ampyr Australia has signed what it claims is an Australian “first-of-a-kind” Aboriginal community equity partnership and participation model for the Wellington Stage 1 battery energy storage system (BESS).