energy storage

Potentia Energy is set to acquire controlling stakes in a 1.2GW renewable energy generation and energy storage portfolio in Australia.

The company announced last week that the Desert Quartzite project in Riverside County, California, began operations in December 2024.

Australia-based Clean Energy Investor Group (CEIG) has suggested that the outdated National Electricity Market (NEM) design is stifling investment in large-scale renewable generation projects in Australia.

The Australian government has allocated an additional AU$2 billion (US$1.25 billion) to its green bank, the Clean Energy Finance Corporation (CEFC), to support renewable energy generation and energy storage.

The letter said the IRA has brought “significant investments in the health of our economy" and US$500 billion in manufacturing investments.

Emirati state-owned renewable energy project developer Masdar has entered the Philippines market with plans to develop 1GW of solar PV, wind and battery energy storage systems (BESS).

Australia’s Energy Corporation of New South Wales (EnergyCo) has formally increased the amount of renewable energy generation and energy storage projects that can connect to the Central-West Orana Renewable Energy Zone (REZ) to 7.7GW.

The Africa Solar Industry Association’s 2025 market outlook has recorded a 2.5GW increase in PV installations in 2024.

Spanish solar PV developer X-Elio has submitted a 720MW solar-plus-storage project in Queensland, Australia, to the Federal government for approval under the Environment Protection and Biodiversity Conservation (EPBC) Act.

Under its Home Renovation Savings Program the state government will offer rebates for 30% of the cost of adding solar modules or BESS.