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%.