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.
Australian energy infrastructure investor Quinbrook’s $1.4 billion Supernode battery project in Queensland will expand by 250 MW through an offtake agreement with state-owned Stanwell Corporation bringing the energy collosus to a total 750 MW / 2,540 MWh capacity.
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.
With a fully integrated power conversion system, battery management system, and energy management system, PowerStack 255CS aims to streamline energy storage operations while reducing installation complexity.
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.
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.
The Chinese manufacturer has unveiled its latest utility-scale battery energy storage system and announced that global deliveries will begin in the fourth quarter of 2025.
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.
Australia’s consumer watchdog is being urged to ban the unsolicited sale of solar products with a national advocacy group saying the “harmful” practice is degrading trust in the solar industry and government schemes and discouraging people from participating in the transition to clean energy.
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