W142.5b battery storage project in Queensland to support grid stability

Hyosung Heavy Industries said Thursday it has signed a 142.5 billion won ($96.3 million) contract in Australia to build energy storage system infrastructure, marking the company’s first ESS supply project in the country.

The Korean power equipment manufacturer signed the agreement with Tangkam BESS, an Australian project company, to construct a 100-megawatt, 200-megawatt-hour battery energy storage sys

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