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energy·Green EnergybySteve

Big battery splurge sets cracking pace for 2025, as wind and solar investment has best year since 2018 (Australia)

Australia has notched up a “remarkable run” on big battery investment in the first quarter of 2025, with six projects worth $2.4 billion and a combined 1,510 megawatts (MW) of capacity and more than 5 gigawatt-hours of storage duration reaching financial close in just three months.

New quarterly data from the Clean Energy Council (CEC) details a flying start to what promises to be a big year for firming, as investment dollars flow to both stand-alone battery energy storage systems (BESS) and to hybrid projects with batteries included alongside big wind and solar.

“This is the second-best quarterly result on record in terms of energy output,” the report says, and the “best annual start for new storage projects on record,” and all with the uncertainty of a federal election thrown into the mix.

Big battery splurge sets cracking pace for 2025, as wind and solar investment has best year since 2018  (Australia)https://reneweconomy.com.au/big-battery-splurge-sets-cracking-pace-for-2025-as-wind-and-solar-investment-has-best-year-since-2018/Open linkView original on slrpnk.net

Where I live, the grid operator (Ausgrid) is about to start installing a 300Mwh battery installation just down the road.

Glad to see progress finally happening, lots more of this please.

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Big battery splurge sets cracking pace for 2025, as wind and solar investment has best year since 2018 (Australia) | Spyke