Australia’s AGL Energy dedicates AU$900 million to battery storage as net profit dips 21% year-on-year
AGL Energy has deployed approximately AU$900 million toward BESS and renewables in Australia during the fiscal year ending June 2025.

AGL Energy has deployed approximately AU$900 million toward BESS and renewables in Australia during the fiscal year ending June 2025.
The Australian government has appointed multinational consumer credit agency Equifax Australasia Credit Ratings to design, develop, implement, and operate a new Developer Rating Scheme.
Australian network company Ausgrid has commissioned its largest community battery to date, a 5MW system in Cooranbong in the Central Coast region of New South Wales.
A 130MWh battery energy storage system owned by the Australian arm of Iberdrola has officially entered AEMO’s Market Management System.
Acen Australia has submitted plans for a 440MW/1,760MWh BESS in Queensland to the Australian government’s EPBC Act.
Ingeteam will deliver inverter solutions for seven battery energy storage system (BESS) projects in Victoria, Australia, totalling 70MWh.
Sahand Karimi, CEO of OptiGrid, tells ESN Premium that the majority of BESS projects in the NEM “rarely go fully contracted”.
Stor-Energy has submitted plans for a 730MWh battery storage project in New South Wales to Australia’s EPBC Act.
Energy storage developer and system integrator Energy Vault has acquired the 125MW/1,000MWh Stoney Creek BESS in New South Wales, Australia.
Australia’s AusEnergy Services (ASL), formerly AEMO Services, has released the Capacity Investment Scheme (CIS) Tender 6 parameters, seeking an initial 2,400MWh of dispatchable capacity in Western Australia.