Contact Energy Advance for Renewable Strategies with Tesla Battery

Contact Energy Limited (FACTOR) has released an update.

Contact Energy Limited is set to strengthen its renewable energy capabilities with a 100MW grid battery at Glenbrook, scheduled to come online in Q1 2026 at an investment of up to $163 million. The company has selected Tesla to supply and maintain the Megapack 2 XL battery system, with provisions to increase capacity if required. The development is a key part of Contact’s strategy to increase electricity flexibility and support New Zealand’s transition to a low-carbon future.

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