Latest Battery Storage News

Elevra Lithium's updated scoping study for its North American Lithium mine expansion reveals a faster ramp-up to 338 ktpa spodumene concentrate with stable costs and a significant increase in project value.

AGL Energy tightens its FY26 earnings outlook, buoyed by strong operational performance and strategic investments in batteries and gas peaking assets amid rising electricity demand driven by data centres and electrification.

Synertec Corporation has signed a non-binding MoU with Hitachi Energy to jointly develop battery energy storage systems and microgrid solutions targeting Australia’s booming energy and data centre sectors.

Ore Resources (ASX: OR3) has kicked off a 3,000m reverse circulation drilling campaign at its Coolgardie Lithium Projects, targeting strike extensions and infill at the Big Red and Potoroo pegmatites. The program follows strong historical lithium intercepts and promising metallurgical testwork, with results due in June 2026.

Liontown Limited has kicked off early works and long-lead procurement for its Kathleen Valley lithium expansion, ahead of a Final Investment Decision expected by March 2027.

Ardea Resources is progressing its Kalgoorlie Nickel Project’s Definitive Feasibility Study with strong financial and strategic support from a Japanese Consortium and government export banks, aiming to secure a major nickel-cobalt supply chain.

Lake Resources made solid progress on the Exploitation Environmental Impact Assessment for its Kachi Lithium Brine Project, targeting approval in Q3 2026, while maintaining strong liquidity and strategic partnerships.

GenusPlus has landed a $110 million turnkey contract to engineer, build, and commission the Koolunga Battery Energy Storage System in South Australia, marking a major milestone in its clean energy infrastructure push.

Fortescue Ltd has greenlit a US$680 million expansion of its Pilbara renewable energy infrastructure, aiming to deliver 200MW of additional capacity by 2028 to meet rising industrial and data centre demand while advancing its Real Zero by 2030 emissions target.

Contact Energy’s March 2026 report reveals a solid rise in electricity and gas sales alongside a notable decline in generation costs, driven by increased renewable output and strong hydro storage levels.

Moody’s Ratings has affirmed APA Group’s Baa2 (stable) credit rating and lowered the downside FFO/Debt threshold from 8% to 7%, reinforcing APA’s financial footing for future growth. This follows a similar adjustment by S&P last December that expanded APA’s debt capacity by over $1 billion.

Fortescue Ltd (ASX: FMG) is fast-tracking the deployment of the world’s first large-scale, fully integrated green energy grid dedicated to heavy industry, aiming to eliminate diesel use across its Pilbara operations by early 2027 and full completion by 2028.