The Project is designed to be capable of staged expansion to approximately 175 MW with the cost for the initial 58 MW plant being ~US$100 million. This investment is underpinned by a long term Power Purchase Agreement (PPA) with PNG Power Limited.
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Recent industry analysis reveals that lithium-ion battery storage systems now average €300-400 per kilowatt-hour installed, with projections indicating a further 40% cost reduction by 2030.
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Recent pricing trends show standard industrial systems (1-2MWh) starting at $330,000 and large-scale systems (3-6MWh) from $600,000, with volume discounts available for enterprise orders.
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Recent pricing trends show 20ft containers (1-2MWh) starting at $350,000 and 40ft containers (3-6MWh) from $650,000, with volume discounts available for large orders. Receive exclusive pricing alerts, new product launches, and industry insights - no spam, just valuable content.
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