Energy Storage News•about 2 months ago
600MWh Bulabul battery storage site in Australia attracts Danish partner in AU$300 million deal
- •Ampyr Australia has secured a 15-year, AU$300 million battery storage agreement with InCommodities for the 600MWh Bulabul BESS in New South Wales.
- •This substantial long-term Power Purchase Agreement (PPA) underscores strong market confidence and financial viability for large-scale battery energy storage system (BESS) projects.
- •For developers, the deal highlights a clear path for securing long-term revenue streams and project financing in the rapidly expanding storage sector.
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