SYDNEY, June 3, 2026 /PRNewswire/ -- Billion Watts, a subsidiary of Billion Electric Co., Ltd. (TWSE: 3027), has entered into a joint development agreement with Australian energy developer Enervest to accelerate the development of a 50MW/200MWh portfolio of sub-five MW projects across New South Wales and Victoria.
The portfolio comprises ten strategically located sites connecting to distribution networks to enhance local grid stability, system strength, and resilience. The partners expect all projects to secure development approvals and Offers to Connect by June 2027. Operating within Australia's National Electricity Market (NEM), these assets will drive value through energy arbitrage and Frequency Control Ancillary Services (FCAS), while actively optimizing local network operations.