Appetite for big battery ownership grows for utilities: report
Interest in owning big batteries is a growing trend for utilities and coal-plant owners as market revenue potential improves, particularly for newer, long-duration storage systems.
Zen inks 795 MW big battery and solar hybrid deal with Taiwan partner
Zen Energy has signed an agreement with its ZEBRE partner Taiwan-headquartered clean power developer Hongde Energy for the development rights to multiple big battery and solar farm projects in three states.
Battery subsidy schemes proposed to cut bills and boost manufacturing
Battery subsidies are absent from the 2025-26 Federal Budget, but industry organisations are committed to pushing government forward to support the rollout of household batteries backed by local manufacturing.
$2 billion CEFC commitment banks on future clean energy investments: Budget
The 2025-26 Federal Budget has committed $2 billion to the Clean Energy Finance Corporation to invest in solar and other renewable power, storage, energy efficiency, and low emissions technology, saying it will unlock a further $8 billion in investments.
Meridian to proceed with $206 million Ruakākā Solar Farm
Construction of New Zealand-headquartered Meridian Energy’s 120 MW Ruakākā Solar Farm is set to begin in August 2025, following the project reaching a final $206 million investment decision.
Solar’s exponential growth disrupts global energy markets in 2024
Australian think tank Climate Energy Finance (CEF) says global energy markets are being reshaped by solar’s disruption, which is happening at speed, turbocharged by battery energy storage system firming.
Equis reaches financial close and starts build of 500 MWh Calala BESS
Melbourne-headquartered infrastructure developer Equis Australia has reached financial close and commenced construction on the 250 MW / 500 MWh Calala battery energy storage system, and an offtake agreement with Smartest Energy.
Battery state of health impacts revenue, safety and operations
A new paper from renewable energy technology company 3E lays out strategies to manage battery degradation, saying inaccurate state of health measurements of battery energy storage systems can negatively impact their safety, impede accurate asset evaluation and result in financial losses.
Western Australia CIS tender awards four battery projects totalling 654 MW
Four new big battery projects in Western Australia have been named in the state’s first Capacity Investment Scheme tender, and combined equate to 654 MW and 2,595 MWh capacity, which is enough to supply the peak electricity load for over 600,000 homes for four hours.
Pacific Green completes sale of 250 MW / 500 MWh Limestone Coast North BESS
Pacific Green has reached financial close and completed the sale of 100% of the shares in its Limestone Coast North Energy Park to Intera Renewables in a $460 million deal.
