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News
'Not to the detriment of the market': Eku Energy on Australia’s Capacity Investment Scheme
11+ hour, 30+ min ago (1139+ words) Eku Energy’s Elias Saba discusses why he believes the CIS has not fundamentally changed the company’s investment approach, argues that bidding discipline matters more than aggressive tender pricing and lays out why private offtakes remain the underpinning of Eku Energy’s…...
India’s largest utility NTPC and Global Energy Alliance for People and Planet pilot sodium-ion battery storage
4+ day, 8+ hour ago (698+ words) Two pilot deployments of sodium-ion (Na-ion) battery storage technologies are currently being solicited in India. India’s largest utility company, NTPC, which is partially state-owned and operates around a quarter of the country’s grid-connected power plants, has followed up recent pilots…...
Australia's NEM BESS fleet earns AU$29 million in August as capture rate climbs to 54%
5+ day, 12+ hour ago (806+ words) Australia’s 58 grid-scale battery storage systems in the National Electricity Market (NEM) generated a combined AU$28.79 million (US$19.02 million) in estimated gross energy and Frequency Control Ancillary Services (FCAS) revenue in August 2026. This is according to NEMPulse, a platform that tracks…...
Announcement: The Energy Storage Report will be back in 2027
6+ day, 1+ hour ago (176+ words) We are pleased to announce that we’re now working on the 2027 edition of the Energy Storage Report, our annual publication looking at the big trends shaping the industry. After so much positive feedback to the Energy Storage Report 2026 (free download…...
Octopus Australia refers 2GWh Blackstone BESS for EPBC Act assessment in Queensland
6+ day, 11+ hour ago (574+ words) The proposed designated proponent is Blackstone BESS OpCo Pty Ltd, a trust entity 100% owned by Octopus Australia, an energy fund manager and developer with a portfolio and pipeline exceeding AU$16 billion (US$11.52 billion) across wind, solar and battery storage projects…...
EDF Power Solutions Australia seeks EPBC Act approval for 4GWh pumped hydro plant
1+ week, 12+ hour ago (588+ words) EDF Power Solutions Australia has referred the Wala Wala Pumped Hydro Energy Storage project, a 300-400MW facility offering 10-hour duration storage, to Australia’s federal government for assessment under the Environment Protection and Biodiversity Conservation (EPBC) Act. The project, proposed for the…...
OptiGrid to optimise Vena Energy's 408MW Bellambi Heights BESS in Australia
1+ week, 12+ hour ago (794+ words) OptiGrid has been selected by Vena Energy to provide trading optimisation services for the Bellambi Heights battery energy storage system (BESS), a 408MW facility comprising two adjacent 204MW units under construction in New South Wales, Australia. Vena Energy is a Singapore-headquartered clean…...
Sungrow's battery storage revenue tops PV business, H1 shipments hit 25GWh
1+ week, 5+ day ago (484+ words) Sungrow’s first-half-of-year (H1) revenue fell 28.99% year-on-year to RMB 30.912 billion (US$4.6 billion), while net profit attributable to owners of the parent company dropped 32.01% to RMB 5.259 billion. The Chinese solar PV inverter and battery energy storage system (BESS) manufacturer released its semi-annual report…...
Italy gives national strategic interest designation to Sardinia data centre with hybrid energy storage hub
1+ week, 5+ day ago (1071+ words) The Italian government has declared an AI data centre in development by Energy Vault, featuring renewable energy and hybrid energy storage technologies, to be of strategic national interest. US-headquartered energy storage technology and power infrastructure project developer Energy Vault said…...
US utility-scale battery energy storage capacity almost doubled during first 18 months of Trump’s second term
1+ week, 6+ day ago (798+ words) The US energy storage industry broke deployment records in Q2 2026 in gigawatt-hour (GWh) terms, underpinned by growth in the utility-scale segment. That’s according to the Q3 2026 edition of the US Energy Storage Market Outlook (ESMO) report, published today by the Solar Energy…...