CQ big battery plan taps Tesla technology
Genex says the deal represents a major milestone for the project and will support the sompany in rapidly progressing it to financial close.
The 50MW/100MWh battery at Bouldercombe will comprise 40 Megapacks and is expected to be fully operational in the first half of 2023.
“Genex is pleased to have executed the supply agreement with Tesla for the Bouldercombe Battery Project,” Genex chief executive officer James Harding said.
“This is a key milestone in the project’s development and one the company has been working towards since Tesla’s appointment as the preferred supplier and integrator in 2020.
“The project is Genex’s first large-scale Battery Energy Storage System and is part of our Como strategy to broaden our footprint in energy storage.”
The Bouldercombe Battery Project is to be constructed adjacent to Powerlink’s Bouldercombe substation, having received development approval from Rockhampton Regional Council in May 2021.
Mr Harding said negotiations with Powerlink on the connection terms were well advanced, and Genex expected to receive an Offer to Connect within the next couple of months.
This should enable it to proceed to financial close by early 2022, he said.
“The development of our battery storage strategy in conjunction with our pumped hydro project and operating solar energy assets further positions Genex as the leading Australian renewable energy and storage company,” Mr Harding said.
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