Edify Energy locks fresh funds for 150-MW/300-MWh battery project in NSW

Riverina Energy Storage System artist impression. Image by Edify Energy Pty Ltd.

July 11 (Renewables Now) - Australian solar and battery storage developer Edify Energy has secured grant funding from the Australian Renewable Energy Agency (ARENA) for its 25-MW/50-MWh Darlington Point battery project in New South Wales, the government agency said today.

The proposed battery is set to be installed as part of a larger energy storage system of three units located near the 275-MW Darlington Point solar farm. The complex will have a total capacity of 150 MW/300 MWh.

ARENA has committed to providing AUD 6.6 million (USD 4.5m/EUR 4.4m) for the project, while the government of New South Wales will separately extend AUD 6.5 million as part of its AUD-75-million Emerging Energy Programme.

The scheme is planned to utilise advanced inverter technology, which is expected to improve the reliability of the electricity network, especially in a weak part of the grid. “Large scale batteries like Edify’s Darlington Point battery are not only firming our renewable energy but also strengthening the grid, particularly in regional areas, where they will help to unlock more renewable uptake,” said ARENA Acting CEO Chris Faris.

In April, infrastructure investor Federation Asset Management agreed to buy a majority stake in the co-located battery storage projects. All three facilities are planned to live in the summer of 2023/2024.

(AUD 1.0 = USD 0.681/EUR 0.672)

Join Renewables Now's free daily newsletter now!

More stories to explore
Share this story
Tags
 
About the author
Browse all articles from Veselina Petrova

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.

More articles by the author
5 / 5 free articles left this month
Get 5 more for free Sign up for Basic subscription
Get full access Sign up for Premium subscription
\