CYM 2.04% 5.0¢ cyprium metals limited

FRV says Victoria grid forming battery will be the first of...

  1. 1,067 Posts.
    lightbulb Created with Sketch. 649

    FRV says Victoria grid forming battery will be the first of many

    FRV Australia has confirmed that it will receive $7 million in funding from the Victorian government’s Energy Innovation Fund to build the Terang big battery with grid forming inverters.

    The Terang battery will be sized at 100MW/200MWh, and is one of two big batteries announced by the Victoria government along with the ground-breaking Koorangie battery in the north of the state that has signed a first of its kind contract to supply “system strength” to the grid.

    FRV says the Terang lithium ion battery is the second it has built, after a smaller installation at the 5MW Dalby hybrid solar farm.

    But it says it has a “significant pipeline” of battery and hybrid projects at different stages of development. It did not identify them.

    FRV’s large scale solar portfolio comprises almost 800MW of projects with a total cost of more than $1 billion.

    The company has delivered almost 800 MWdc of operational PV assets across 9 projects in Australia for a total project investment value of over 1 billion dollars.

    https://reneweconomy.com.au/frv-says-victoria-grid-forming-battery-will-be-the-first-of-many/
 
watchlist Created with Sketch. Add CYM (ASX) to my watchlist
(20min delay)
Last
5.0¢
Change
0.001(2.04%)
Mkt cap ! $76.23M
Open High Low Value Volume
4.9¢ 5.2¢ 4.8¢ $98.72K 1.982M

Buyers (Bids)

No. Vol. Price($)
1 76924 5.0¢
 

Sellers (Offers)

Price($) Vol. No.
5.1¢ 626748 3
View Market Depth
Last trade - 16.10pm 05/07/2024 (20 minute delay) ?
CYM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.