Asia Battery Demand

This is supported by the Inflation Reduction Act’s investment tax credit and other incentives.

The total project cost US$29m. 

The BESS will have a capacity of 7.5MWh.

About 400km northwest of Brisbane stands a new 100MW battery energy storage. 

It has a 100MW of capacity.

Wood Mackenzie projected the markets to have 422GWh and 600GWh by 2031. 

This is largely led by grid-scale deployment.

This will be connected to the New England Solar Farm in New South Wales. 

Demand from the region will account for 41% of the global market.