"BESS project financing is rapidly evolving," says Niall Brady of Australia''s Clean Energy Finance Corporation (CEFC).
Developer Quinbrook Infrastructure starts the year with the biggest ever funding deal for a battery in Australia, at $722 million for the huge Supernode BESS.
Key Highlights of the Woolooga BESS Project Strategic Significance: this project represents a significant step forward for Hithium in its ongoing commitment to the Australian market, establishing a robust foundation
To best capitalise on the BESS opportunities, stakeholders must understand the business models available in the BESS value chain and align them with regulatory support mechanisms.
The 209 MWh Stendal battery energy storage project is expected to be fully operational by early 2026, one year before its seven-year tolling agreement comes into effect.
Allens has advised a syndicate of domestic and international lenders on its $722 million debt financing package to fund the development of Stages 1 and 2 of the Supernode
Common regulatory hurdles and solutions Currently, developers of BESS projects across Australia face several regulatory challenges in navigating the planning approval stage. Lack of planning policy recognition BESS projects
The Ballarat Energy Storage System project will help storage become a trusted solution and influence regulatory & market responses to system security.
The Terang BESS is FRV Australia''s first Large Scale Battery project and will increase its operational assets in Australia to nine. The financing of Terang BESS is part of the AUD$ 1.2bn portfolio refinancing process
FRV Australia secures financing for Terang''s 100MW/200MWh battery project, marking a turning point in renewable energy in Australia.
2 天之前· Payback Period: Due to Australia''s high electricity prices and abundant solar resources, the payback period for businesses deploying solar-plus-BESS is typically between three and six years. This period can be even shorter with
While there were strong results in BESS projects reaching the financial commitment stage in the first quarter of 2025, renewable energy generation projects reaching financial close during the same period got off to a
With most renewable energy PPAs signed for long terms of 10 years or more, the mitigation of risks, such as negative prices, becomes critical. Pierre Bartholin, head of power hedging at Nuveen Infrastructure, tells ESS
What Are Fully-Integrated BESS Containers? A fully-integrated BESS container is a modular energy storage unit housed within a robust, weatherproof container. These systems come pre-assembled with all
The global Containerized Battery Energy Storage System (BESS) Market size was estimated at USD 9,33 billion in 2024 and is predicted to increase from USD 13.87 billion in 2025 to
This article provides an update on the progress of battery energy storage projects in the NEM: what projects came online in the first quarter of 2025, how the remainder of the pipeline is
Adelaide, Australia – Amp Energy (''Amp''), a global energy transition platform backed by the Carlyle Group, has successfully closed project financing to construct the first stage of its 250 MW / 500 MWh Bungama
A well-structured proforma financial model provides a clear picture of the economic feasibility of a BESS project. By accurately forecasting revenues, evaluating costs, and applying key financial
As Australia undergoes a transformative shift toward renewable energy, the Battery Energy Storage Systems (BESS) market has emerged as a cornerstone for ensuring grid stability and optimising energy generation. With
This information was prepared as an account of work sponsored by an agency of the U.S. Government. Neither the U.S. Government nor any agency thereof, nor any of their employees,
Australia has become a market leader in BESS. Discover what is driving BESS adoption and the region''s storage plans for the future.
The BRPL BESS project is the first commercial standalone BESS project at the distribution level in India to receive regulatory approval for a capacity tariff and will play a pivotal role in facilitating the uptake of low-cost
This extract is from a recent report by Climate Energy Finance. The report highlights the rapid progress in Australia''s electricity sector transition, emphasising that the nation is on track to achieve its ambitious target of 82%
The Australian Battery Energy Storage Systems (BESS) market has attracted significant investment interest due to its crucial role in supporting renewables penetration and ensuring
Australia''s push towards renewable energy has seen a sharp increase in utility-scale Battery Energy Storage Systems (BESS) projects.
Allens has advised a syndicate of domestic and international lenders on its $722 million debt financing package to fund the development of Stages 1 and 2 of the Supernode
The increase in energy consumption, driven by rapid electrification, data consumption and AI, coupled with Australia’s supportive regulatory policies and record low renewable energy capital expenditures (capex) costs, have fuelled a competitive environment for quality BESS projects.
The largest BESS project reaching financial commitment for the quarter was in Wooreen, Victoria, with a storage capacity/ energy output of 350 MW/ 1.4 GWh, and duration of four hours, while South Australia had the largest share of financially committed storage projects in capacity (640 MW / 1.8 GWh).
BESS installations are expected to double by 2027. The federal government has pledged over AUD 200 million in the 2025 budget to expand energy storage, which will support emissions cuts and 2030 climate targets. Large-scale battery investments continued to rise in 2024.
By year-end, 38 utility-scale BESS projects were under construction—up from 27 in 2023 and 19 in 2022. These projects will add 8.7 GW / 23.3 GWh of capacity, a significant increase from 5 GW / 12 GWh in 2023 and 1.4 GW / 2 GWh in 2022.
The non-recourse senior debt financing facilities for Stage 1 of Bungama BESS are provided by the Commonwealth Bank of Australia (“CBA”), Westpac Institutional Bank (“Westpac”), and Export Development Canada (“EDC”). The financing also provides Letters of Credit to support the project security obligations.
The project will be structured as two facilities, one of 100 MW/200 MWh and another of 150 MW/300 MWh. An energy offtake agreement has been signed for the smaller of the two sections. Meanwhile, the 150 MW portion will operate on a merchant basis, “marking the first merchant BESS debt financing in New South Wales.”
