US EditionIberdrola to Invest Half a Billion Dollars on Shovel-Ready Four-Hour Battery Project in South Australia.
4 Articles
4 Articles
Iberdrola has acquired from the RES Australia group the Tungkillo battery storage project, located in South Australia, which will be an investment of 275 million euros.According to Iberdrola, this infrastructure, which will have 270 megawatts (MW) and a storage capacity of 1,080 megawatt hours (MWh), has all key approvals and its very advanced connection rights, in addition to the already secured lands.It is expected to enter operation by 2028.T…
Iberdrola to invest half a billion dollars on shovel-ready four-hour battery project in South Australia.
The Spanish developer has a $1.7 billion budget for Australia which it intends to aim mainly at battery projects. The post Iberdrola to invest half a billion dollars on shovel-ready four-hour battery project in South Australia. appeared first on Renew Economy.
Iberdrola buys 1 GWh storage project for $492 million
Spanish renewable energy giant Iberdrola has acquired the proposed 270 MW / 1,080 MWh Tungkillo battery energy storage project in South Australia from United Kingdom-based clean energy developer RES Australia in a $492 million deal.Spain-headquartered global renewable energy developer Iberdrola Australia has acquired the proposed 270 MW / 1,080 MWh Tungkillo battery energy storage system (BESS) project in South Australia (SA), from United Kingdo…
Iberdrola has acquired from the group RES Australia the Tungkillo battery storage project, located in South Australia and which will involve an investment of 275 million euros, the company reported. This infrastructure, which will have 270 megawatts (MW) and a storage capacity of 1,080 megawatt hours (MWh), has all the key approvals and its very advanced connection rights, in addition to the already secured lands. Its entry into operation is exp…
Coverage Details
Bias Distribution
- 100% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
