AGL Energy Ltd will purchase the energy produced from the 100 MW/150 MWh Battery Energy Storage System (BESS) project of Singapore’s Vena Energy that will be installed in Queensland under a 15-year contract.
The energy storage facility will be built near Wandoan in the Western Downs region at an estimated AUD120 million (US$81.1 million) of investment.
Once operational, the project will supply power for the consumption of up to 57,000 homes. AGL will own, operate, and maintain the facility.
Country updates
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January 24, 2020
First wind turbine assembled at 187 MW Warradarge wind project near Eneabba
Bright Energy Investments has erected the first of 51 units of 3.6 wind turbines with three 67 meter long blades, provided by Denmark-based Vestas Wind Systems A/S, for the 187 MW Warradarge Wind Farm...
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January 24, 2020
John Laing launches sale of 500 MW renewables portfolio in Australia
John Laing Group Plc has launched the sale of its renewable energy projects portfolio in Australia that has a combined capacity of 500 MW through the appointment of Macquarie Capital as its advis...
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January 16, 2020
Nebras acquires 49% stake in 527MW wind farm in Australia
Nebras Power Investment Management B.V. (NPIM), a wholly-owned affiliate of Nebras Power Q.P.S.C. has completed a transaction with Goldwind Stockyard Hill Wind Farm Limited, a wholly-owned Hong Kong a...
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January 16, 2020
AMP Capital Global Infrastructure Fund II achieves final close at US$ 3.4 billion
AMP Capital managed AMP Capital Global Infrastructure Fund II (GIF II) has reached the final close at the amount of US$ 3.4 billion on December 27, 2019. GIF II attracted more than 60 investors f...
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January 16, 2020
Masdar completes acquisition of East Rockingham waste-to-energy (WTE) plant in Australia
Abu Dhabi Future Energy Company, known as Masdar, in partnership with Abu Dhabi advisory and development firm Tribe Infrastructure Group, through the joint venture company, Masdar Tribe Energy Ho...
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