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According to ACEN in a release, once finished the project will be one of the nation’s largest co-located solar and battery energy storage facilities, providing stored energy to the powergrid when it is needed. Located near Uralla, phase one of the solar site was completed in 2023.
The company, which operates from Delaware, US, has said that, with pipeline growth to 6GWh in 2023, the company is doubling down on utility-scale battery energy storage systems (BESS) as a priority focus for 2024 and beyond. The company now aims to more than double its greenfield origination pipeline to more than 6GWh.
.” Large-scale batteries provide long-term system stability to the powergrid and support the uptake of more renewables, with Synergy planning to build 3GWh of storage by 2025. Kwinana Battery Stage Two is under construction and is due to be completed in late 2024.
The round comes as severe weather and wildfires continue to cause significant stress on powergrids across the globe, in some cases causing blackouts This is resulting in greater investments into powergrids and networks.
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