Clean energy to ignite $36 billion construction boom from 2026
A new report predicts that electricity will become the country’s largest infrastructure investment sector from 2026, driven by a boom in renewable energy construction, with solar construction projected to also peak around $5.7 billion in 2027/28.
Big batteries supercharge 2025’s first quarter adding 1.5 GW storage capacity
To the tune of $2.4 billion, six utility-scale battery storage projects reached financial close in the first quarter of 2025 kickstarting the year with 1.5 GW of storage capacity and 5 GWh of energy output.
OX2 Muswellbrook solar and battery project approved
The New South Wales Independent Planning Commission has provided the tick of approval for a 135 MW solar farm and a 135 MW / 270 MWh battery project being developed at the site of a former coal mine in the Hunter Valley.
Zenaji launches global licensing model for LTO battery technology
Australian battery manufacturer Zenaji has launched a global licensing model that allows international partners to manufacture and rebrand its proprietary Aeon and Eternity lithium titanate oxide energy storage systems.
SEC renewables to power 5% of Victoria’s electricity market
Victoria’s government-owned State Electricity Commission has re-entered the retail market with the signing of contracts that will see it power approximately 5% of the state’s electricity market.
ABB launches battery storage subscription model to address capital constraints
ABB has announced a “battery energy storage systems-as-a-service” model to add storage to commercial and industrial customers without upfront capex.
Pacific Energy completes $2 billion funding raise to boost growth plans
Queensland-based investor QIC’s remote and off-grid power specialist Pacific Energy has successfully completed an almost $2 billion refinancing and equity raise that will bankroll the Western Australian company’s growth plans.
8 MWh battery system to help power WA lithium project
An 8 MWh battery energy storage system is now helping power one of the largest hard-rock lithium mines in the world with Western Australia-based miner PLS advancing its plans to reduce its energy-related emissions intensity and costs.
Jinko unveils 520 kWh C&I battery storage system
Jinko ESS has launched a new modular 520 kWh battery energy storage system for commercial and industrial users. The product will be available for global shipment in Q3 2025.
New Zealand gentailer completes 100 MW battery energy storage system
Construction of the 100 MW / 200 MWh Meridian Energy Ruakākā battery energy storage system on New Zealand’s North Island is now complete.
