Construction finalised at 150-MW/300-MWh battery complex in NSW
Riverina Energy Storage System artist impression. Image by Edify Energy Pty Ltd.
Australia’s Federation Asset Management Pty Ltd and Edify Energy (Edify) have wrapped up the construction of Tesla-equipped co-located battery storage projects totalling 150 MW/300 MWh in New South Wales, Australia.
The complex is the Aussie state’s largest battery system and will be able to store electricity to supply 40,000 homes for two hours of peak demand, Edify Energy said on Wednesday.
The Riverina and Darlington Point energy storage facility, located in New South Wales’ Riverina region, is a lithium-ion battery made up of three independent but co-located systems that will feed electricity into the National Electricity Market (NEM). Namely, they are the 60-MW/120-MWh Riverina Energy Storage System 1, the 65-MW/130-MW Riverina Energy Storage System 2 and the 25-MW/50-MWh Darlington Point Energy Storage System. All of them are powered by the Tesla Megapack technology.
Riverina 1’s output was pre-sold to Shell Energy, while the other two facilities will supply EnergyAustralia under 10-year contracts.
Sydney-based Federation Asset Management in April 2022 bought a 90% stake in the battery project, making it the seed asset of its Sustainable Australian Real Asset (SARA) fund. Developer Edify, which kept a 10% stake, will take care of the system’s operations.
Veselina Petrova is one of Renewables Now's most experienced green energy writers. For several years she has been keeping track of game-changing events both large and small projects and across the globe.