Australia rockets to third-largest big battery market in world, as solar and wind hit "decade low"

Australia rockets to third-largest big battery market in world, as solar and wind hit "decade low"

Australia added 2 GW of new utility-scale battery capacity in 2025 (+233% YoY), reaching $4.8B in committed investment and becoming the world's third-largest big battery market after China and the US. Battery capex fell 20%, grid-scale storage is increasingly displacing gas peakers on spot pricing, and hybrid solar+battery configurations are now the primary tool for managing network congestion — a direct signal for any infrastructure or energy procurement decision.