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Wang & Lee Group announced it has been awarded a $71M contract by NQ Marble Pty Ltd, a Queensland-based marble quarrying enterprise, to exclusively undertake (i) the exploration and quarrying of natural marble and (ii) the design and implementation of a solar battery crypto farm across multiple sites in Queensland, Australia. A non-refundable deposit of $1M has been paid by NQ Marble to WLGS. This groundbreaking initiative will optimize 25.42 km of land by integrating marble production with renewable energy generation, capitalizing on Queensland’s world-class solar resources and accelerating Australia’s transition to sustainable industrial practices. This pioneering project taps into Australia’s underutilized solar resources, leveraging average annual solar irradiance of 5.5-6.0 kWh/m/day-exceeding regions like Japan (3.5-4.0 kWh/m/day) and Germany (2.8-3.2 kWh/m/day).
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