Australia''s remarkable run of investment commitments to energy storage projects continued in Q1 2025. Six storage projects representing 1,510 MW (capacity) / 5,016 MWh (energy output) reached financial close – the second-highest quarterly result for newly financially committed storage projects.
The battery energy storage system project is currently the largest battery energy storage project in Australia under construction. It is planned at Powell Creek to stabilise and store electricity generated from a six-gigawatt solar farm in the Barkly region.
Clean Energy Council chief policy and impact officer Arron Wood said: “Energy storage systems, such as big batteries, are a critical part of Australia’s future energy mix and act as a reliable back-up system allowing us to store renewable energy for when it is needed most and keep the lights on under all conditions.
There were also 69 committed storage projects, equivalent to 12.5GW in capacity and 32.1GWh in energy output. Renewables provided 40% of Australia’s electricity last year, with fossil fuels still accounting for the majority at 60%, according to the report.
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The first quarter (Q1) of 2025 has seen a surge in investment for large-scale battery storage in Australia, with six projects worth a total …
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Australia''s remarkable run of investment commitments to energy storage projects continued in Q1 2025. Six storage projects representing 1,510 MW (capacity) / 5,016 MWh …
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Six utility-scale BESS reached financial close in Australia during the first quarter of 2025, adding 1.5 GW of project- and 5 GWh of …
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Australia’s clean energy transformation has gained new momentum with a record-breaking investment in large-scale energy storage systems.
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