Vena Australia has reached financial close on its 100 MW and 150 MWh Wandoan South Big Battery thanks to ING Australia. The international bank is increasingly financing green energy projects but this is the first standalone battery project it has financed in the Asia Pacific. Vena Energy Australia says this phase is just the beginning of a project that is to feature 650 MW of solar PV and 450 MW of battery storage.
Singapore-based developer Vena Energy has announced that it will soon begin construction of Queensland’s largest grid-scale battery near Wandoan in the Western Downs. The 100 MW/150 MWh project will be delivered under a 15-year power purchase agreement with Australia’s biggest power producer, AGL.
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