Posted by Jason Cartwright
February 25, 2021
As part of Victoria’s ambitions to reach 50% renewable energy by 2030, the state is investing in cleaning up the grid. The latest announcement from Neoen Australia, confirms Tesla as the successful candidate to supply the big battery.
Tesla continues to be successful in Australia, playing a part in many renewable energy projects, across a number of states, after famously entering Australia with the Big Battery in South Australia.
Neoen is a France-based energy company that owns and operates solar and wind farms in 13 countries on four continents.
“We are delighted to announce that the Victorian Big Battery has reached this important financial milestone.
I would like to thank the CEFC for their renewed trust and commitment towards supporting innovative storage solutions.
We are on track to deliver this project before the next Australian summer and are looking forward to playing our part in helping Victoria reach its ambitious target of 50% renewable energy by 2030.”
Neoen Australia managing director Louis de Sambucy
The 350MW / 450MWh utility-scale battery storage will gain funding from the Clean Energy Finance Corporation to the tune of $160 million. This will providing a critical boost to the state’s grid security while driving down power prices and supporting more renewable energy.
The project will leverage Tesla MegaPack, along with their Autobidder software to sell power into the grid. Autobidder is one of Tesla’s most underappreciated product