Building finalised at 150-MW/300-MWh battery complex in NSW

• Australia's Federation Asset Management Pty Ltd and also Edify Energy (Edify) have actually concluded the construction of Tesla-equipped co-located battery storage projects completing 150 MW/300 MWh in New South Wales, Australia.

The complex is the Aussie state's largest battery system as well as will certainly be able to keep electricity to supply 40,000 homes for two hrs of peak demand, Edify Energy claimed on Wednesday.

The Riverina as well as Darlington Point energy storage facility, situated in New South Wales' Riverina region, is a lithium-ion battery comprised of 3 independent yet co-located systems that will certainly feed electricity right into the National Electricity Market (NEM). Particularly, they are the 60-MW/120-MWh Riverina Energy Storage System 1, the 65-MW/130-MW Riverina Energy Storage System 2 and also the 25-MW/50-MWh Darlington Point Energy Storage System. Every one of them are powered by the Tesla Megapack technology.

Riverina 1's output was pre-sold to Shell Energy, while the various other 2 facilities will provide EnergyAustralia under 10-year contracts.

Sydney-based Federation Asset Management in April 2022 purchased a 90% stake in the battery project, making it the seed asset of its Sustainable Australian Real Asset (SARA) fund. Programmer Edify, which maintained a 10% risk, will take care of the system's procedures.