In Q3 2024, Large-Scale Energy Storage Projects in Australia saw 1,235MW/3,862MWh reach financial commitment, marking a new record for the industry. Key drivers included the Capacity Investment Scheme (CIS), which awarded 3,626MWh in contracts. Notable projects included Akaysha Energy’s 415MW Orana BESS and Queensland’s Chinchilla BESS, contributing to AU$1.
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