Taiwanese battery storage provider Recharge Power has entered Australia’s fast-growing clean energy market, signing a joint venture (JV) agreement with local developer Energy Decarb to jointly develop renewable projects in the country.
The new JV has already secured an active project pipeline totalling 128 megawatts (MW) of solar capacity and 292 megawatt-hours (MWh) of battery energy storage systems (BESS).
The projects are scheduled to be delivered over the next two years, establishing a foundation for the partnership to later grow into large-scale, utility-level energy infrastructure.
The JV’s initial phase will target commercial and industrial (C&I) customers, including hotels, shopping centres, manufacturing plants, logistics hubs, and sports venues.
The partnership will deliver integrated solar and BESS engineering, procurement, and construction (EPC) solutions alongside energy service company (ESCO) models, allowing businesses to hedge against rising power prices.
Recharge Power, which has deployed over one gigawatt-hour (GWh) of capacity in Taiwan and recently expanded into Japan, will supply its proprietary Energy Management System (EMS) software and technical integration expertise. Energy Decarb will steer local project development, regulatory navigation, and electricity trading.
“We intend to replicate the proven success we achieved in Taiwan and Japan—gaining swift local traction and then scaling rapidly,” said Spencer Feng, CEO of Recharge Power.
The venture arrives at a critical juncture for the domestic market. According to the Clean Energy Council’s 2026 Clean Energy Australia Report, cumulative renewable investment reached $31.4 billion by the end of 2025.
Local BESS investment alone surged to $4.8 billion last year, a massive 67 per cent increase year-over-year, making Australia the world’s third-largest energy storage market.
Energy Decarb brings significant institutional muscle to the deal. It is backed by St Baker Capital and prominent energy pioneer Trevor St Baker AO, giving the joint venture deep financial backing and sophisticated software tools to trade power via wholesale arbitrage and Frequency Control Ancillary Services (FCAS).
Together, the companies are well positioned to capture growing opportunities arising from Australia’s accelerating energy transition.