Gigawatt-hour-scale ‘Energy Parks’ BESS developer Pacific Green raises AU$77 million for Australia projects
BESS developer Pacific Green Technologies has secured a AU$77 million (US$49.9 million) debt facility for projects in Australia.
Australia: Capacity Investment Scheme results for 16GWh tender expected ‘in the coming weeks’
“We’re expecting the results of the Capacity Investment Scheme (CIS) Tender 3 in the coming weeks,” Thimo Mueller, general manager, commercial at ASL, said in the opening keynote of the Battery Asset Management Summit Australia 2025 this morning.
TagEnergy acquires ACE Power, adding 6GW of energy storage and renewables in Australia
Renewables developer and independent power producer (IPP) TagEnergy has acquired Australian developer ACE Power, adding 6GW of energy storage and renewables projects to its portfolio.
‘BESS ownership typically changes hands 2-4 times during a 40-year lifecycle,’ says Pottinger
“Battery energy storage systems (BESS) typically change ownership between two and four times during their 40-year lifecycle,” John Sheehy, CEO of Pottinger, said on day two of the Battery Asset Management Summit Australia 2025 this morning.
Wood Mackenzie: ‘Australia is a leading country for grid-forming BESS’
“Australia is one of the leading countries for grid-forming inverters,” said Natalie Thompson, senior analyst of energy storage and solar at Wood Mackenzie, when discussing the Australian energy storage market.
Australia opens AU$500 million Battery Breakthrough Initiative
The Australian government has officially launched the AU$500 million Battery Breakthrough Initiative (BBI).
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.
Australia to introduce Developer Rating Scheme for renewables and energy storage
The Australian government has appointed multinational consumer credit agency Equifax Australasia Credit Ratings to design, develop, implement, and operate a new Developer Rating Scheme.
Ausgrid commissions 5MW community battery in New South Wales, Australia
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.
Iberdrola’s 130MWh BESS in New South Wales ready for commissioning
A 130MWh battery energy storage system owned by the Australian arm of Iberdrola has officially entered AEMO’s Market Management System.
