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Octopus strikes deals for $3.3b battery outlay

Angela Macdonald-Smith

British clean energy developer Octopus Investments has snapped up two battery development projects in Australia, paving the way for a $3.3 billion investment that will include building the country’s biggest battery.

The Hanworth battery, to be built near Bannaby in the NSW Southern Tablelands, will have a capacity of 1.2 gigawatts and storage of four hours, making 4.8 gigawatt-hours, more than double the size of the Waratah super battery north of Sydney.

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writes on the resources industry with a focus on energy, including gas, oil, electricity and renewables. Connect with Angela on Twitter. Email Angela at amacdonald-smith@afr.com

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