2.6GWh of BESS successful in Western Australia’s first CIS tender
2.6GWh of utility-scale battery energy storage projects have been successful in Western Australia’s first Capacity Investment Scheme tender.
Energy Vault acquires 1GWh BESS in New South Wales, Australia
Energy storage developer Energy Vault is set to fully acquire the 125MW/1GWh Stoney Creek battery energy storage system (BESS) in New South Wales, Australia, from Enervest Group.
‘World-leader in negative prices’: Australia urged to turn renewable energy challenge into opportunity
Battery storage can turn record-high instances of negative spot pricing in Australia’s National Electricity Market (NEM) into investment opportunities.
Australia: Lengthening durations, renewable hybrids and the need for revenue certainty
On day one of the Energy Storage Summit Australia 2025, the audience heard that although 2 to 4-hour duration battery energy storage systems (BESS) are favourable, longer durations are starting to challenge this.
‘BESS project financing is rapidly evolving,’ says Australia’s CEFC
“BESS project financing is rapidly evolving,” says Niall Brady of Australia’s Clean Energy Finance Corporation (CEFC).
‘The value of flexible storage will be higher than investors expect’: AEMO Services on Australia’s energy storage market
Thimo Mueller of AEMO Services, believes the value of energy storage in Australia will be higher than investor expectations.
Rio Tinto, Edify Energy sign agreement for 2.4GWh BESS in Queensland, Australia
Rio Tinto has penned an offtake agreement to secure 2.1GWh of BESS capacity from an Edify Energy-owned asset in Queensland, Australia.
Rio Tinto pens solar PV and battery storage offtake deal for Queensland aluminium plants
Rio Tinto has inked deals with Edify Energy to secure power and BESS capacity to decarbonise its aluminium operations in Queensland.
Ark Energy, Hanwha pen BESS supply deal for 2,200MWh co-located system in Australia
Ark Energy has penned a battery supply agreement with Hanwha Energy for a 275MW/2,200MWh BESS in northern New South Wales, Australia.
LDES and battery revenue streams: trends to look out for at Energy Storage Summit Australia 2025
Ahead of the Energy Storage Summit Australia 2025, which will take place next week (18-19 March) in Sydney, we take a look at some of the key debates set to take centre stage at the event.
