28.9 C
New York
Thursday, September 19, 2024

Tesla will get $133M Megapack deal to double Queensland battery measurement


Tesla has gained one other Megapack contract in Australia, coming as the most recent of the corporate’s commitments to construct new vitality storage websites and broaden current ones.

The contract will oversee the enlargement of the lately completed Western Downs battery in Queensland, Australia, improve the vitality storage website’s measurement to 540 MW / 1,080 MWh, as detailed in a report from Renew Financial system. In complete, Tesla will present 140 Megapack items for the venture, anticipated to be valued at about $133 million, whereas builders anticipate the second stage of the venture to be operational by 2026.

The location is being operated by French renewables firm Neoen, which signed a 10-year contract with AGL Vitality, which is the nation’s largest coal generator. The contract indicators into place the addition of Megapack energy from Tesla, and it’ll broaden what’s Queensland’s largest battery venture—for now, no less than.

Tesla Megapacks to assist develop 560 MW/2,240MWh battery in Australia

“The flexibility to nearly cost and dispatch this battery will increase the variety of instruments we are able to use to help our clients’ wants whereas additionally supporting electrical energy provide into the grid,” mentioned AGL COO Markus Brokhof in a press release. “Digital battery agreements present flexibility inside our firming portfolio with out the requirement to construct, function, and preserve the bodily battery.”

Neoen CEO Xavier Barbaro has additionally highlighted the corporate’s hand in a number of current battery vitality storage system (BESS) initiatives in Australia.

“Neoen is proud to have developed the ‘digital battery’ provide in Australia, offering a bespoke, sensible, value-added product that meets the growing wants of our clients,” Barbaro mentioned. “Over the previous seven years, Neoen has been a number one participant in storage in Australia and all over the world, and we’ll proceed to design and ship built-in options to speed up the vitality transition.”

Neoen now has as a lot as 1,925 MW / 4,709 MWh of vitality storage capability both in operation or beneath building in Australia.

Regardless of the Western Downs website presently being the Australian state’s largest battery venture, a further enlargement on the state’s Stanwell battery is anticipated to extend the prevailing vitality storage system to 300MW/1,200MWh to turn out to be the state’s largest. That enlargement additionally gained a $448.2 million funding from the state’s authorities, and it’s being constructed close to a coal plant that’s slated to shut.

Tesla additionally has a lot of different Megapack initiatives all through Australia, together with these in New South Wales, Victoria, Western Australia, and different states, nonetheless.

RELATED:

Tesla Lathrop Megafactory is all enterprise with Megapack manufacturing as Q2 ends

What are your ideas? Let me know at [email protected], discover me on X at @zacharyvisconti, or ship your tricks to us at [email protected].

Tesla will get $133M Megapack deal to double Queensland battery measurement








Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest Articles