Federation to launch multibillion-dollar energy storage platform
Australian investment firm Federation Asset Management has announced its intention to launch a new long-duration energy storage platform that is to have about 4 GWh of storage projects ready to take to financial close within two years.
Stanwell contracts for 1,010 MWh Stage 3 offtake from Supernode BESS
Australian energy infrastructure investor Quinbrook’s $1.4 billion Supernode battery project in Queensland will expand by 250 MW through an offtake agreement with state-owned Stanwell Corporation bringing the energy collosus to a total 750 MW / 2,540 MWh capacity.
A decade of solar energy supply secured for ZEN Energy deal with BOC Australia
Ten years of solar energy from an ACEN Australia New England solar project is at the heart of a multi-state electricity retail agreement secured by ZEN Energy with industrial gas supplier BOC Australia.
Queensland backs 20 GWh pumped hydro project
The Queensland government is set to invest $50 million into a pumped hydro project with an energy storage capacity of up to 20 GWh as it works to develop a new five-year Energy Roadmap that is to be delivered by the end of 2025.
Community batteries charge on across New South Wales and Victoria
Over 30 community batteries have been launched since 1 April 2025 backed by federal government grants as part of its $200 million deployment of 400 community battery installations across Australia.
Octopus presses go on hybrid solar and battery project
The Australian arm of United Kingdom-based renewables giant Octopus Group has started building the Fulham solar farm and battery energy storage system in Victoria after reaching financial close on the estimated $300 million project.
Green hydrogen player IGE enters administration
Western Australia-based green hydrogen developer Infinite Green Energy has been placed into administration the day before a court hearing over a disputed multimillion-dollar debt.
NSW peak demand backed up by 7,800 home battery installations in 5 months
More than 7,800 home batteries have been installed since 1 November 2024 under a New South Wales peak demand reduction scheme rebate, which includes an incentive to connect solar battery systems to virtual power plants.
IEA blames slowdown in energy innovation on market uncertainty
The International Energy Agency warns that energy innovation is slowing as shifting priorities and financing changes hinder progress, despite past investments driving economic and security gains.
Investors prioritising renewable energy solutions jumps 16% in 2024
An Investor Group on Climate Change report has found investors are prioritising renewable energy solutions like solar as the market’s top opportunity but remain hamstrung by policy uncertainty.
