Daily Digest: Monday, 9 February 2026
Monday, 9 February 2026, underscores a pivotal shift as Australia cements its leadership in grid-scale energy storage, while global finance accelerates its pivot towards low-carbon energy solutions.
Today's Summary
Globally, BNP Paribas announced a landmark achievement, surpassing 80% of its energy financing directed towards low-carbon energies, signaling a profound shift in capital allocation within the financial sector. In deployment news, EVE Energy will supply its high-capacity 628Ah battery cells for a solar-plus-storage system at Kuala Lumpur International Airport, showcasing the expanding application of large-format storage beyond the grid. Meanwhile, MRW highlights the importance of promoting the market value of recycled materials over relying on consumer 'sacrifice', a key tenet for scaling the circular economy.
Key Developments
Synergy Powers Up Australia's Largest BESS: 2,400MWh Collie
Synergy's completion of the CATL-supplied Collie Battery (2,400MWh) is a major operational milestone, providing critical grid inertia and storage capacity for Western Australia, directly supporting coal retirement and renewable integration.
KKR Bets Big: AU$603M for HMC's 5.7GW Aussie Storage & Wind
KKR's massive AU$603 million commitment to HMC Capital's pipeline underscores the immense investor appetite for large-scale, diversified renewable and storage assets in Australia, accelerating the energy transition's build-out.
BNP Paribas Hits 80% Low-Carbon in Energy Financing
BNP Paribas surpassing 80% low-carbon energy financing is a watershed moment for global finance, demonstrating the rapid reallocation of capital away from fossil fuels and towards sustainable energy infrastructure.
EVE's Big Batteries Land at KLIA Solar-Plus-Storage
EVE Energy deploying its high-density 628Ah cells at Kuala Lumpur Airport highlights the growing demand for large-format batteries in commercial & industrial (C&I) applications, expanding the energy storage market.
Australia Puts Grid Stability Services Front & Center
The focus on essential system services in Australia's transition highlights the critical role BESS plays beyond just energy storage – providing vital grid stability as traditional thermal generation declines.
MRW: Value Recycled Materials, Don't Rely on Consumer Sacrifice
MRW's emphasis on promoting market value for recycled materials (like those from AD, composting) over consumer 'sacrifice' is crucial for building economically sustainable circular economy loops.
TOP Today's Stories
BNP Paribas Surpasses 80% of Energy Financing to Low-Carbon Energies
More than 80% of Paris-based global bank BNP Paribas’ energy production financing exposure was directed […]...
EVE Energy to deploy 628Ah battery cells in solar-plus-storage system at Kuala Lumpur International Airport
Chinese battery manufacturer EVE Energy has secured a contract with the Malaysian government to deploy an AC/DC integrated 36MWh solar-plus-storage sy...
KKR commits AU$603 million to HMC Capital’s 5.7GW Australian energy storage and wind pipeline
Global investment firm KKR has announced a strategic partnership with HMC Capital, committing up to AU$603 million (US$423 million) to HMC's Energy Tr...
Australia’s largest operational BESS: Synergy completes CATL-powered 2,400MWh Collie Battery
State-owned energy company Synergy has completed the 500MW/2,400MWh Collie Battery Energy Storage System (CBESS) in Western Australia, establishing Co...
Australia’s energy transition puts essential system services in focus
Sam Markham of Fluence Australia believes grid-forming BESS are essential to deliver a safe, secure and affordable decarbonised power system....
Market Snapshot
The convergence of massive capital inflows (KKR, BNP Paribas) with rapid deployment of utility-scale storage (Synergy Collie, HMC pipeline) signals a maturing market for renewable integration technologies. Australia is a clear frontrunner, but the EVE deployment in Malaysia shows global applicability. This scale-up intensifies the focus on the full lifecycle of storage assets, particularly the sourcing of critical minerals and the imperative for robust battery recycling infrastructure to support a truly circular clean energy supply chain. The MRW commentary reinforces that circular business models must be economically driven.
By Category
ESG & Sustainability (2)
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ESG Today: Week in ReviewESG Today
Industry News (6)
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Australia’s energy transition puts essential system services in focusEnergy Storage News
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Tomorrow's Watch
Watch for further details on how Australia plans to incentivize and procure essential system services as its grid transforms. Continued scrutiny on the sourcing and end-of-life management for the critical minerals powering the BESS boom, particularly lithium, is also expected.
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Published: 9 Feb 2026, 09:01