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Energy Storage

Federal renewables subsidy scheme expanded to 40 GW

The federal government is scaling up its support for renewables, expanding its flagship Capacity Investment Scheme in a bid to accelerate Australia’s clean energy transition.

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NSW tender to target 500 MW of energy firming projects

The New South Wales government has launched a new tender seeking 500 MW of firming capacity to support the transition to renewables as its ageing coal-fired power stations are shut down.

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Dutch investment giant APG pumps $1 billion into Australian renewables platform

Dutch pension fund giant APG Asset Management has committed more than $1 billion to expand the renewable energy platform of developer Octopus Australia.

CSIRO report shows firmed renewables remain lowest-cost option

Australia’s national science agency has reaffirmed its assessment that solar and wind energy backed by storage and transmission remain the lowest-cost new-build electricity generation technologies.

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CleanPeak secures $500 million to grow solar and storage platform

Global investment firm KKR has committed $500 million to partner with Australian renewables company CleanPeak Energy and support the growth of its distributed energy platform, focusing on solar, battery energy storage, and microgrid solutions.

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Perth battery manufacturer plans major expansion

Perth-based energy storage and off-grid power system specialist Magellan Power has launched a $15 million funding round to boost its manufacturing capabilities and support a “significant expansion” of its operations across Australia.

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Greenbank battery kicks off commercial operations to support 66,000 homes

The CS Energy Greenbank Battery in southeast Queensland has been regularly charging and discharging since beginning commercial operations in June, providing reliability and capability to the grid.

Equis appoints operations provider for Melbourne renewable energy hub

Equis Australia has appointed United States-headquartered clean energy infrastructure management company NovaSource Power Services as the operations and maintenance provider to the Melbourne Renewable Energy Hub.

Sungrow launches next-gen hybrid residential energy storage system

Sungrow Power has revealed its newest hybrid next-gen residential energy storage system, with upgrades to its MG Series inverters and a battery solution to be launched in Q42025.

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Spanish parliament rejects grid reform law proposed after April blackout

Spain’s parliament has rejected a legislative package aimed at reinforcing the grid and scaling up battery energy storage following the 28 April 2025 blackout.

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