By Mandar Bakre on Monday, 22 July 2024
Category: Buzz

Iberdrola reveals 1,500 GWh capacity battery storage projects in Australia

Spanish company Iberdrola has announced two new battery energy storage system (BESS) projects in Australia.

These include the 250 MW / 500 MWh Gin Gin project near Bundaberg in Queensland and the 270 MW / 1,080 MWh Kingswood project in New South Wales. Together, the projects will offer more than 1,500 GWh capacity.

The two projects will cause a huge upsurge in the company's capacity in Australia. At the moment, the energy giant owns and operates a 25 MW / 52 MWh capacity battery co-located with its Lake Bonney wind farm in South Australia.

It also contracts the 50 MW / 75 MWh Wallgrove grid battery in Western Sydney, and is developing a 72 MW / 144 MWh project --- the Smithfield battery --- in Western Sydney.

Iberdrola hopes to start building the Gin Gin battery in 2025 --- subject to regulatory approvals --- and make it operational before 2026 end. The Kingswood BESS will proceed on similar timelines: Iberdrola hopes to begin construction in 2025 and start operations in 2026. Kingswood was originally proposed as a 1,000 MWh, two-hour battery, but resized to have four hours of storage capacity instead.

Ross Rolfe, Chairman and CEO of Iberdrola Australia, said in a statement announcing the projects: "Iberdrola Australia is developing a portfolio of batteries in the National Electricity Market… these proposed batteries will help manage the intermittency of our low-cost wind and solar generators." 

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