Neoen inks support agreement for Aussie wind/storage project

Signing of the BGPH support agreement. Photo by: Neoen (www.neoen.com).

January 3 (Renewables Now) - French renewable energy company Neoen has struck a support agreement for a 204.4-MW wind farm combined with a 20-MW battery storage in the Australian state of Victoria.

The so called support agreement, a mechanism for ensuring revenue certainty for renewable energy projects, was awarded by the government of Victoria. It concerns the Bulgana Green Power Hub (BGPH) near Stawell that will feature a 204.4-MW wind park and a 20-MW/34-MWh lithium-ion battery.

The complex will use turbines supplied by Siemens Gamesa Renewable Energy SA (BME:SGRE) and battery storage by Tesla (NASDAQ:TSLA), providing baseload equivalent power to Nectar Farms’s glasshouse facility. The local agribusiness will take up to 15% of BGPH’s output, while the remaining 85% will be fed into the power grid.

The project is seen to support the Victorian Renewable Energy Target (VRET) scheme under which the state aims to reach a 40% renewable energy share by 2025. The renewable power target for 2020 is 25%.

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Veselina Petrova is one of SeeNews Renewables 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.

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