Energy Storage News•about 2 months ago
QIC, EDP partner for 1,600MWh solar-plus-storage project in Queensland, Australia
- •QIC and EDP Renewables Australia are developing a substantial 1,600MWh solar-plus-storage project in Queensland, Australia, signaling significant investment in renewable energy infrastructure.
- •This large-scale battery storage component (1,600MWh) will enhance grid stability and reliability, potentially reducing price volatility for large power consumers in the region.
- •The project represents a major new renewable generation and storage asset coming online, creating future opportunities for Power Purchase Agreements (PPAs) and contributing to decarbonization goals.
financingppasolar