Connect with us


Federal green bank powers up Victoria’s ‘Big Battery’ with $160m boost – Sydney Morning Herald

Victoria is a step closer to becoming home to one of the world’s biggest lithium-ion batteries by next summer.



The Clean Energy Finance Corporations $160 million debt facility will fund the design, construction and operation of the battery. The project is also being supported by a contract from the Victorian government, which says the project will bolster the reliability of the states electrical grid and keep a lid on energy prices as more coal-fired power stations retire and more renewable energy generators come online.
Across Australia and worldwide, battery technology is emerging as key to supporting…

Click here to view the original article.

Continue Reading

You might also like ...

Article feature image
Facebook will not notify the 533 million users exposed in online database – 9News
Article feature image
Alibaba fined $3.66 billion on monopoly charge in China – Sydney Morning Herald