Australia names winners for 4.2 GW / 16.2 GWh CIS storage tender

RenewEconomy reports that Australia's federal government has named 15 big battery projects as winners in its latest Capacity Investment Scheme storage-only tender. The selected projects total 4.2 GW and 16.2 GWh of storage, with seven in Queensland, three each in New South Wales and Victoria, and two in South Australia. This is a major market-design signal because Australia is using long-term capacity tenders to accelerate dispatchable storage that can absorb solar output and reduce evening reliance on gas peakers.