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Tom
@Tallish_Tom@mastodon.scot  ·  activity timestamp 4 days ago

@The_Sun

"Today, (Australian) BESS projects can secure financing of up to 100% merchant risk,"

That is a major step. Oz grid scale batteries are now a low risk money spinner that will run on private equity.

Along with the several GWh the home battery grants are creating Oz is really going for it!

#australia #energytransition

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Tom
@Tallish_Tom@mastodon.scot replied  ·  activity timestamp 4 days ago

@The_Sun

https://www.ess-news.com/2025/10/02/australias-biggest-battery-at-1-36-gwh-now-online/

4 months ahead of schedule, 15 months from start of construction. If you want power fast, and you are already curtailing supply...

Energy Storage

Australia's biggest battery at 1.36 GWh now online - Energy Storage

Renewables developer Neoen has begun building its first six-hour battery energy storage system (BESS) and has also delivered Australia’s biggest battery to date – four months ahead of schedule.
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