AGL to acquire solar and BESS developers with 8.1GW pipeline in Australia-News-Solar Business Builder

Australian electricity retailer AGL Energy confirmed yesterday (14 August) that it has entered into a binding agreement to acquire Firm Power and Terrain Solar. The companies have a combined development pipeline of 8.1GW large-scale solar and battery energy storage system (BESS) projects.

Terrain Solar, a large-scale solar PV developer, has six projects in development with a cumulative capacity of 1.8GW. Of this figure, 1.1GW is based in Queensland, 500MW in New South Wales, 100MW in Western Australia, and under 100MW in South Australia.

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