The Australian Renewable Energy Agency (ARENA) announced Saturday that it would fund the construction of eight large-scale batteries that will boost the country’s grid-forming storage capacity tenfold.
Federal Minister for Climate Change and Energy, Chris Bowen, said that ARENA would allocate $176 million to the projects, which are expected to cost $2.7 billion.
Each battery will range from 200 to 400 megawatts and will be built with advanced inverters. They will be built in Victoria, New South Wales, Queensland, and South Australia.
ARENA stated that the combined 2.0-gigawatt capacity is enough to power the entire Tasmania state for more than three hours using stored renewable electricity….