ORG News: UPDATE 2-Australia's Origin Energy to invest $400 million in battery project - 20th Apr 2023, 9:26am

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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
 
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