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By Praveen Menon and Archishma Iyer
April 20 (Reuters) - Australia's Origin Energy said on Thursday it has committed to invest about A$600 million ($403 million) to develop the first stage of a large-scale battery at its Eraring Power Station in New South Wales.
Origin flagged a year ago that it would close the country's largest coal-fired power plant by 2025, seven years earlier than expected, and build a big battery there, as competition from wind and solar power had made the...
>>> Read more: UPDATE 2-Australia's Origin Energy to invest $400 million in battery project
By Praveen Menon and Archishma Iyer
April 20 (Reuters) - Australia's Origin Energy said on Thursday it has committed to invest about A$600 million ($403 million) to develop the first stage of a large-scale battery at its Eraring Power Station in New South Wales.
Origin flagged a year ago that it would close the country's largest coal-fired power plant by 2025, seven years earlier than expected, and build a big battery there, as competition from wind and solar power had made the...
>>> Read more: UPDATE 2-Australia's Origin Energy to invest $400 million in battery project