Renewables 400 reverse auction announcement due shortly. I presume the battery storage component is 10MW, however a $250m capex? Yikes. IFN does have runs on the board. Scratch Lyon's Cape York off the list, they've gone into liquidation. I'd have written off Windlab and their Lakeland Wind Farm, however, with Twiggy Forest purchasing Windlab, well, I'm curious.
https://www.business.qld.gov.au/industries/mining-energy-water/energy/renewable/projects-queensland/renewables-400
The timing of this announcement is against the backdrop of grid issues highlighted today... "Two solar farms and one wind farm in north Queensland face major constraints due to newly discovered “system strength” issues and their output could be curtailed to zero under certain conditions".
https://reneweconomy.com.au/two-solar-farms-one-wind-farm-in-queensland-hit-by-system-strength-issues-71822/
With the Mt Stuart Peaking Power Generation Station scheduled for decommissioning in 2023...
Renewables 400 reverse auction announcement due shortly. I...
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Last
$1.18 |
Change
-0.010(0.84%) |
Mkt cap ! $159.4M | |||
| Open | High | Low | Value | Volume |
| $1.19 | $1.19 | $1.18 | $38.05K | 32.10K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 524 | $1.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.18 | 3000 | 1 |
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| Last trade - 13.32pm 31/07/2025 (20 minute delay) ? |
| IFN (ASX) Chart |