Residents of the ACT region will be able to invest in the territory's large-scale energy storage via a community co-investment fund when the 100 megawatt Capital Battery, now under construction near Oaks Estate, is switched on in the first half of next year.
Details of how much it will cost to buy a share in the energy storage system are still undisclosed but the giant French-based multi-national company Neoen, which owns the Capital Battery, is committed to delivering what it describes as "community benefit-sharing initiatives" under its corporate governance.
