tiprankstipranks
Trending News
More News >

Neoen SA Expands Queensland Renewable Portfolio

Neoen SA Expands Queensland Renewable Portfolio

Neoen SA (FR:NEOEN) has released an update.

Confident Investing Starts Here:

Neoen SA has announced a 10-year virtual battery contract with AGL Energy to provide 200 MW of capacity, supporting the construction of Stage 2 of the Western Downs Battery, adjacent to Neoen’s existing solar farm in Queensland. With this deal, Neoen bolsters its commitment to Queensland’s renewable targets, bringing its Australian renewable portfolio to over 1 GW in operation or construction. The project, which includes 140 Tesla Megapack 2XL units, will enhance grid reliability and aid in the transition to renewable energy sources.

For further insights into FR:NEOEN stock, check out TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App