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.

Amora Hotel Jamison, Sydney, Australia
Engie has acquired a 30% equity stake in the Hazelwood battery energy storage system (BESS) in Victoria, Australia.
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.
Global infrastructure investor I Squared Capital has launched ANZA Power, a next-generation independent power producer (IPP) in Australia and New Zealand.
Australian thermal energy storage company 1414 Degrees has received critical regulatory approval from AEMO for its 140MW Aurora BESS.
Wooderson Solar Development Co has submitted a 450MW solar-plus-storage project in Queensland to Australia’s EPBC Act.
I Squared Capital has launched ANZA Power, a new IPP aiming to deliver reliable and sustainable energy across Australia & New Zealand.
Two pumped hydro energy storage (PHES) projects have been submitted for approval under Australia’s Environment Protection and Biodiversity Conservation (EPBC) Act.
BlackRock-backed developer Akaysha Energy is reportedly considering options to raise additional funds, including selling a minority stake, to support the expansion of its battery energy storage operations.
ASL has launched a consultation on a new Hybrid Generation LTESA product alongside its 2026 NSW Consumer Trustee Investment Priorities.
While coal and gas power plants grapple with cost increases, Australia’s battery storage sector delivers a different story, with costs plummeting across all durations.