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AAP
AAP
Business
Marion Rae

Private funds plug $2b into big batteries

Australia GMR
Australian renewables developer Maoneng has struck a $2 billion international deal. (PR HANDOUT IMAGE PHOTO) (AAP)

Six projects will be bankrolled in NSW, Victoria and South Australia under a $2 billion capital deal struck by an Australian renewable energy developer.

Maoneng, which began as a rooftop solar firm in western Sydney just over a decade ago, will partner with a Hong Kong investment fund in a major boost for big batteries needed to support more solar power.

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