Sydney-based developer Genex has announced that it has signed an agreement with Tesla to supply dozens of Megapacks to use for the Bouldecombe Battery Project (BPP) being developed in Queensland.
The Bouldercomb Battery Energy Storage System (BESS), which received approval for development from the Rockhampton Regional Council in May, will include 40 Tesla Megapacks that will integrate with Autobidder's program for automatic energy trading, according to PV-Magazine.
Genex CEO James Harding said the supply agreement with Tesla is a milestone for the Bouldercomb project and will support the company in moving the project quickly to a financial close. “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,” he said.
The BPP will be constructed on land adjacent to Queensland network operator Powerlink's 275 kV/132 kV Bouldercombe substation, about 20 kilometers south of Rockhampton. Genex, which plans to make the final investment decision on the project in the coming months, said financial closure is expected by the first quarter of 2022 and the project will be fully operational in the first half of 2023.
“The (Bouldercombe) 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,” Harding 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.”
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