Australia – Neoen has given Doosan the go-ahead to proceed with the construction of its 100 MW / 200 MWh Capital Battery, signaling the start of construction.
TransGrid’s Queanbeyan substation, in the Australian Capital Territory, is directly across the street from the proposed site (ACT). To achieve net zero emissions by 2045, Australia’s Capital Territory (ACT) is an internationally recognized 100% renewable electricity jurisdiction.
As part of its winning bid in the ACT Government’s 2020 renewable energy auction, Neoen committed to building a 50 MW large-scale battery in the nation’s capital. Neoen was awarded a 14-year contract to supply 100 MW of wind energy from Stage 1 of Goyder Renewables Zone. To meet the growing demand for battery services, Neoen has decided to expand the Capital Battery to 100 MW/200 MWh. The battery is expected to begin operating in the first half of 2023, at the earliest.
In order to modernize and stabilize the ACT grid, the battery is capable of performing multiple functions, including firming renewables, providing frequency services, and supporting transmission lines. A Community Co-Investment Scheme will be launched once the project is operational, allowing residents of Canberra and surrounding areas to participate in the project’s financial success through Neoen’s develop-to-own business model.
Neoen now has a battery storage portfolio in Australia totaling 576 MW, making it the country’s leading owner and operator of large batteries.
