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.
“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.
“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.
The Australian government has officially launched the AU$500 million Battery Breakthrough Initiative (BBI).
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.
