Latest Battery Energy Storage Systems News

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Contact Energy Limited reported a robust FY25 with a 13% increase in underlying net profit, driven by geothermal expansion and strategic acquisition of Manawa Energy. The company’s renewable portfolio and risk management positioned it well amid challenging market conditions.
Maxwell Dee
Maxwell Dee
18 Aug 2025
LGI Limited reported a robust FY25 with 14% EBITDA growth driven by expanded renewable energy capacity and carbon credit sales, while setting ambitious FY26 guidance of 25-30% EBITDA growth.
Maxwell Dee
Maxwell Dee
12 Aug 2025
LGI Limited reported a 14% rise in FY25 EBITDA to $17.4 million, driven by operational growth and expanded renewable capacity. The company also secured a landmark 15-year contract to build and operate a 12MW/24MWh battery system at the Belrose landfill site in NSW.
Maxwell Dee
Maxwell Dee
12 Aug 2025
LGI Limited reported a robust FY25 with a 13.6% increase in underlying EBITDA to $17.4 million, expanded renewable capacity by 44%, and declared a fully franked dividend. The company’s strategic investments in battery storage and biogas infrastructure position it well in Australia’s energy transition.
Maxwell Dee
Maxwell Dee
12 Aug 2025
HMC Capital has completed its acquisition of Neoen Australia's Victorian assets, adding 652 MW of operational battery storage and a 2.8 GW development pipeline to its energy transition platform. This strategic move positions HMC as a growing leader in Australia's renewable energy sector.
Maxwell Dee
Maxwell Dee
4 Aug 2025
Australian Vanadium Limited (AVL) reports strong progress on its integrated vanadium project, moving closer to final feasibility and advancing its utility-scale battery storage system, Project Lumina.
Maxwell Dee
Maxwell Dee
31 July 2025
Lotus Resources has initiated processing of high-grade uranium ore at its Kayelekera Project in Malawi, moving closer to first uranium production this quarter. Key infrastructure upgrades, including a new power grid connection, aim to reduce costs and environmental impact.
Maxwell Dee
Maxwell Dee
31 July 2025
Jindalee Lithium progresses its McDermitt Lithium Project with strong US government support and a promising new refining technology partnership, aiming to enhance sustainability and reduce costs.
Maxwell Dee
Maxwell Dee
30 July 2025
Cyclone Metals reports strong progress on its Iron Bear Project, highlighting a completed renewable energy power study and successful metallurgical test results that underpin its sustainable mining ambitions.
Maxwell Dee
Maxwell Dee
24 July 2025
Kingsland Minerals is finalising its scoping study for the Leliyn Graphite Project, positioning itself to capitalise on shifting global graphite markets driven by new US tariffs on Chinese imports.
Maxwell Dee
Maxwell Dee
22 July 2025
Genesis Energy reported a robust FY25 Q4, marking strategic milestones including a non-binding agreement to extend Rankine unit operations to 2035 and the start of Huntly BESS construction, while expanding customer flexibility programs.
Maxwell Dee
Maxwell Dee
22 July 2025
Contact Energy's June 2025 report reveals stable mass market electricity and gas sales with improved netback prices, alongside rising wholesale revenues and ongoing renewable energy investments.
Maxwell Dee
Maxwell Dee
21 July 2025