Octopus Australia acquires 4.8GWh battery storage project in New South Wales
Octopus Australia has announced plans to develop what it claims is Australia’s “largest planned battery energy storage system (BESS)” in New South Wales.
Battery storage claims 46% share of Australia’s record 64GW energy investment pipeline
Battery energy storage projects have emerged as the dominant force in Australia’s energy investment landscape, accounting for 46% of the nation’s 64GW development pipeline, according to the Australian Energy Market Operator’s (AEMO) latest quarterly report.
Clean energy conquers coal as Australia’s NEM delivers historic 51% renewables quarter
The Australian Energy Market Operator (AEMO) has announced that renewable energy sources supplied more than half of the quarterly energy demand in the National Electricity Market (NEM) for the first time.
Third utility-scale battery storage project proposed for Western Australia’s Collie
Palmer Renewable Energy has submitted a referral under the EPBC Act for a 200MW solar-plus-storage project near Collie, Western Australia.
Fortescue claims ‘record-low pricing’ for large-scale battery storage in Australia
Australian mining giant Fortescue has claimed to have secured large-scale battery storage at pricing levels not previously seen in Australia, according to CEO Dino Otranto.
Engie fully acquires Australia’s first large-scale BESS built on a decommissioned coal plant
Engie has acquired a 30% equity stake in the Hazelwood battery energy storage system (BESS) in Victoria, Australia.
Engie acquires Australia’s first large-scale BESS built on a decommissioned coal plant, from Eku
Engie has acquired a 30% equity stake in the Hazelwood battery energy storage system (BESS) in Victoria, Australia.
Battery trading performance: Demystifying normalised revenue and percent of perfect foresight
Sahand Karimi and Henry Swisher of OptiGrid examine the two primary metrics used to evaluate the performance of battery storage trading: normalised revenue and percentage of perfect capture rate.
ANZA Power secures US$300 million from I Squared for Australia-New Zealand portfolio
Global infrastructure investor I Squared Capital has launched ANZA Power, a next-generation independent power producer (IPP) in Australia and New Zealand.
Akaysha Energy switches on 410MWh grid-forming BESS in Australia five months ahead of schedule
BlackRock-backed Akaysha Energy has commenced operations at its 205MW/410MWh Brendale battery energy storage system (BESS) in Queensland, Australia, delivering the project close to five months ahead of the original schedule.
