The junior partner in Mike Cannon-Brookes’ $40 billion Sun Cable venture has unveiled a $3.5 billion investment in eight-hour batteries, a plan it says will slash the cost of round-the-clock clean power for heavy industry and data centres.
The 3 gigawatts of batteries – with about 24 gigawatt-hours of storage – are to be installed by Quinbrook Infrastructure Partners, kicking off with an expansion of the firm’s Supernode data storage project in Brisbane targeted for the end of next year.