AGL Signs a Huge Battery Storage Deal and Welcomes the “Dawn of Battery Age”
Australian energy giant AGL has signed a deal with renewables company Maoneng for four large-scale batteries – 50 or 100MWh each – to be developed in NSW. The 200 to 400MWh storage project includes a 15-year contract based on swap agreements that will let AGL call on the batteries’ capacity at a fixed price. Out…