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Batteries to power up warehouse pipeline as big as 40 MCGs

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Dexus will install more than $25 million worth of batteries in new warehouses, equal to the size of 40 Melbourne Cricket Grounds, as it looks to future-proof its investment portfolio and help its customers reduce their energy costs and carbon footprints.

The installation of a $500,000 to $700,000 commercial grade base battery system (connected to rooftop solar) on all new warehouses is expected to deliver total annual energy savings of more than $4.6 million once more than 1 million square metres of industrial space is delivered over the next few years.

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    Original URL: https://www.afr.com/property/commercial/batteries-to-power-up-warehouse-pipeline-as-big-as-40-mcgs-20240429-p5fnbg