Acen Australia secures AU$750 million financing for 13GW renewables, energy storage pipeline
Acen Australia has secured AU$750 million (US$472 million) in debt financing to support the rollout of its 13GW renewable energy and storage portfolio.

Amora Hotel Jamison, Sydney, Australia
Acen Australia has secured AU$750 million (US$472 million) in debt financing to support the rollout of its 13GW renewable energy and storage portfolio.
ACE Power has announced that the Australian government has permitted the development of 5.6GWh of BESS in Queensland.
Rob Hills, APAC vice-president of engineering and commissioning, Fluence, said: “A lot of stars need to align” for BESS as virtual transmission.
Australian electricity distributor Essential Energy has confirmed that vehicle-to-grid (V2G) charging technology is now market-ready in Australia.
Wärtsilä will supply what it claims is the first large-scale DC-coupled hybrid battery connected to Australia’s NEM for Octopus Group.
GPG has brought online what it claims is Western Australia’s first grid-connected large-scale solar-plus-storage hybrid project.
The SEC, a state-owned energy company in Victoria, Australia, has confirmed that construction has started on the SEC Renewable Energy Park.
State-owned company WaterNSW has confirmed it is exploring opportunities to implement pumped hydro energy storage (PHES) across 41 of its dams in New South Wales, Australia.
Anthony Albanese, leader of the Australian Labor Party, has pledged to introduce an AU$2.3 billion battery subsidy scheme if re-elected.
With Australia’s federal election set for 3 May 2025, Energy-Storage.news delves into how energy storage could be impacted.