Eku Energy, the battery storage offshoot of Australian financial services group Macquarie, has acquired a 1 GW / 2 GWh portfolio of energy storage projects in the United Kingdom.

Construction has begun on a 190 MW solar farm at Fortescue’s Cloudbreak mine site in the Pilbara region of Western Australia as the iron ore and green energy giant forges ahead with its decarbonisation plans.

Australian investment firm Federation Asset Management has announced its intention to launch a new long-duration energy storage platform that is to have about 4 GWh of storage projects ready to take to financial close within two years.

The path for Fotowatio Renewable Ventures to build two hybrid solar and energy storage projects in central Victoria has been smoothed with electricity distribution company AusNet revealing it is “unconditionally” progressing the connection works for the hybrid installations.

Australian EPC contractor ACLE Services has been awarded the construction contract for the first stage of a 148 MW battery energy storage system to be deployed at Spanish renewables developer X-Elio’s 200 MW Blue Grass Solar Farm in Queensland.

New data shows Sweden, Australia, Netherlands, Germany and Denmark are the leading countries for per capita solar and wind generation capacity. Furthermore, it reveals global solar capacity has been doubling every three years, and wind every six years, whereas fossil and nuclear capacity and generation have been almost static in recent years.

Wollongong-based software company Gridsight has raised $7.5 million to support the growth of its AI-powered platform that is designed to help electricity network operators integrate and maximise the use of new distributed renewable energy resources such as solar and batteries.

The Australian renewable energy and storage arm of South Korean industrial conglomerate Samsung has submitted plans for another large-scale battery energy storage project to the federal government for environmental approval.

One of the largest rooftop solar installations yet rolled out in New Zealand is nearing completion with a PV system comprising almost 2,500 panels and weighing more than 74,000 kilograms being bolted onto the roof of the country’s biggest brewery.

Philippines-controlled Acen Australia has finalised a $750 million portfolio debt financing transaction that will support the operation and ongoing development of one of the largest renewable energy pipelines in the country and establish a platform for financing new projects in Australia.