The Australian government has announced a $117.5 million (AUD $176 million) funding injection which it expects will unleash over $2 billion of investment in advanced battery technology, delivering a step change in grid-forming capability.
ARENA Funds $2 7B for Eight Grid-Scale Batteries miragenews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from miragenews.com Daily Mail and Mail on Sunday newspapers.
ARENA backs eight grid scale batteries worth $2 7 billion miragenews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from miragenews.com Daily Mail and Mail on Sunday newspapers.
Eight large-scale batteries to store renewable energy will be built around Australia to support the grid and help keep energy prices down, the federal government says.