BESS are becoming more attractive
As battery energy storage system costs plunge, energy price volatility is shortening payback times for storage solutions. This shift, driven by a surge in intermittently generating renewables, and ongoing innovations in battery manufacturing, marks a pivotal moment for energy markets worldwide.
$500,000 ANU battery research win on back of Eku Energy’s big BESS build
London-headquartered Eku Energy has committed $500,000 to the Australian National University’s battery storage and grid integration program as construction begins on the Williamsdale big battery in the Australian Capital Territory.
World’s largest 3.5 GW Terra solar project breaks ground in the Philippines
Phillippines renewable energy companies have broken ground on the 3.5 GW Terra Solar and 4.5 GWh battery storage project, tipped to be the world’s largest integrated solar and battery facility.
Eraring battery third stage approval expands project to 700 MW / 2.8 GWh
Sydney-headquartered utility Origin Energy has approved a third stage of its large-scale Eraring Battery Project in New South Wales, expanding the project with an additional 700 MWh and positioning it as a global big battery A-lister.
Victoria partners with OX2 on 242 GWh per annum renewable energy park
The Victorian state electricity commission (SEC) has announced a $370 million investment in a proposed renewable energy park, in partnership with Swedish renewables developer OX2, and will be the first 100% government-owned generator in the state, since 1994.
Fluence to optimise Akaysha Energy’s battery assets
Battery storage developer Akaysha Energy is looking to automate wholesale market participation for a large portion of its Australian battery energy storage fleet using Fluence’s AI-powered bidding software Mosaic.
Edify lands federal approval for Victorian solar and storage project
Renewables developer Edify Energy has secured federal government approval for a 250 MW solar farm and 200 MW / 800 MWh big battery planned for central Victoria.
Horizon powers up vanadium battery tech trial in Kununurra
Western Australia’s state-owned regional energy provider Horizon Power has officially launched the trial of a vanadium flow battery in the state’s north as it investigates how to integrate long-duration energy storage into its network, microgrids, and other off-grid power systems.
Six large-scale solar farms set for proposed Darwin renewable energy hub
Six large-scale solar farms capable of generating 180-210 MW of clean energy and a battery energy storage system built next to existing transmission infrastructure are included in plans for a proposed Darwin Renewable Energy Hub.
Third CIS tender seeks 4 GW / 16 GWh dispatchable capacity for the NEM
The Australian government’s Capacity Investment Scheme Tender 3 has opened seeking 4 GW / 16 GWh of dispatchable capacity for the National Electricity Market, with Victoria receiving the largest slice of the pie with a 1 GW / 4 GWh allocation.
