Business
AGL targets 1.2GW of new battery storage by 2024, plans tender – RenewEconomy
AGL Energy sets target for 1,200MW of new battery storage and demand response capacity, and is tying executive bonuses to reach that and its new renewable energy targets.
AGL Energy has set a goal of installing 1,200MW of new battery storage and demand response capacity by 2024, and is tying the bonuses for executives and senior management to hit growth targets for the company’s clean energy and storage portfolio.
The new targets were revealed by AGL Energy during the company’s earnings call for the 2019-20 financial year, with the company highlighting its efforts to diversify its energy portfolio into clean energy technologies, as the company reported a lower p…
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