Genex Power (GNX) has signed an offtake agreement with Tesla Motors Australia for the Bouldercombe Battery Project in central Queensland. Under the offtake agreement, Tesla will operate the project using its proprietary algorithm-based bidding system, Autobidder.
After eight years, once the agreement has concluded, Genex will enter into a license agreement with Tesla to operate Autobidder on the project.
The deal follows a supply agreement signed in October that agreed to see Tesla provide the project with 40 Tesla Megapacks, an all-in-one utility-scale energy storage system optimised for cost and performance.
Country updates
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December 17, 2021
Alinta Energy starts commercial operation 60 MW Chichester Hub solar project in Pilbara
Alinta Energy has started the commercial operation of its 60 MW Chichester Hub solar photovoltaic project in the Pilbara region of Western Australia. The 60 MW Chichester Hub solar ph...
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December 15, 2021
Hitachi Energy to deliver critical component for Darwin-Katherine battery energy storage system
Hitachi Energy has been awarded the contract to deliver components for the planned Darwin-Katherine battery energy storage system (DK BESS) in Australia's Northern Territory. The 35-M...
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December 14, 2021
Macquarie, Engie plans to build 150 MW battery energy storage project in Victoria
Green Investment Group (GIG), a joint investment arm of French utility Engie SA and Macquarie Group Ltd., plans to build a 150 MW/150 MWh battery energy storage project at the side of a former co...
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December 09, 2021
Neoen starts operating 300 MW battery storage project in Australia
Neoen has started operating its 300 MW / 450 MWh Victorian Big Battery, one of the largest batteries in the world.
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December 08, 2021
ACCIONA Energía signs MOU to supply solar energy to 3 GW hydrogen plant in Australia
A Memorandum of Understanding (MOU) has been signed between ACCIONA Energía and Stanwell Corporation to supply solar energy to 3 GW hydrogen plant in Australia.
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