FY2029 renewable energy construction spending to peak at $23 billion: report
New industry forecasting company Macromonitor analysis has found renewable energy construction tripled since 2021 and is on track to increase to a peak level of $23 billion in FY2029.
6 GWh CATL battery in Australia: Stanwell locks in massive gas-plus-storage hybrid plant with Quinbrook
Two Memorandum of Understanding signed within a month of each other are set to see a massive CATL battery delivered to the Queensland state of Australia for Quinbrook and Stanwell.
Modo Energy raises $50 million and sets out AI ambitions
Venture capital firm Molten Ventures leads investment in global battery energy storage benchmarking business Modo Energy. Founded in the United Kingdom in 2019, Modo Energy has expanded to cover continental European markets, Australia and the United States.
Study shows optimal solar-plus-storage sizing for heavy industry operation
Australian researchers developed a high-resolution energy modeling framework to assess how PV and batteries can supply 24/7 electricity to heavy industries, considering cost, grid interaction, and load flexibility. They found that while technology cost reductions help, smart grid integration and flexible industrial operations are far more effective in lowering electricity costs and enabling 100% renewable energy use.
TagEnergy locks in long-term toll deal for Golden Plains battery
Renewables developer TagEnergy has locked in the first long-term offtake deal for the 150 MW / 600 MWh Golden Plains battery project being built in Victoria’s western districts.
Fortescue delivers big battery to support Pilbara plans
Mining giant Fortescue’s decarbonisation plans have reached a new milestone with the delivery of a 50 MW / 250 MWh battery energy storage system at its North Star Junction site in Western Australia’s Pilbara region.
Synchronous condensers to play key role in system security says AEMO
The Australian Energy Market Operator says “timely investments” are essential to unlock the full value of renewables and reduce reliance on coal generators for system security as the nation’s clean energy transition continues.
Global grid-scale BESS deployment up 38% year-on-year through October
Global grid-scale battery energy storage system deployments have hit 156 GWh year-to-date. More than 153 GWh is still slated for commissioning in 2025, though delays and cancellations are likely to trim that total by year-end.
NEM dispatchable capacity CIS Tender 8 opens, targets 16 GWh
Undertaking a fast tracked, single stage application process the Capacity Investment Scheme Tender 8 – NEM Dispatchable Capacity has opened for registrations and is targeting 4 GW of 4-hour equivalent.
New renewable generation capacity in 2025 on track for 7 GW: report
The Clean Energy Regulator’s Q3 2025 quarterly carbon market report has found Australia is on track to add nearly 7 GW of new renewable generation capacity in 2025, with large-scale projects contributing up to 4 GW.
