– Energy Vault Holdings, Inc. and ACEN Australia have announced agreements for two battery energy storage system deployments totaling 400 MWh in Australia.
– The deployments will be at ACEN Australia’s New England Solar project, with construction starting in 2H24 and commercial operations expected in 2025 and 2026.
– Energy Vault will deploy a 50 MW/100 MWh BESS and a 150 MW/300 MWh BESS, which will help meet peak demand in New South Wales and reduce reliance on coal-fired power generation.
Energy Vault Holdings, Inc. and ACEN Australia have announced agreements for two battery energy storage system (BESS) deployments totaling 400 MWh in Australia. Construction is set to begin in the second half of 2024, with commercial operations planned for 2025 and 2026. The deployments will involve a 50 MW/100 MWh BESS and a 150 MW/300 MWh BESS at ACEN Australia’s New England Solar project. These BESS deployments aim to store renewable energy and dispatch it during peak consumption hours, reducing reliance on coal-fired power generation.
ACEN’s New England Solar project in New South Wales currently has 400 MW of solar generation online, with plans to expand to 1800 GWh of renewable electricity annually upon completion. ACEN secured a 20-year agreement with the NSW Government and is actively developing over 1 GW of renewable projects in Australia. The BESS deployments will utilize Energy Vault’s B-VAULT suite of storage solutions, combined with Siemens S120 inverters for advanced grid support functionalities.
The tight timelines for these deployments showcase Energy Vault’s commitment to customer-centric energy storage solutions. The use of advanced technologies and a customer-focused approach highlight the growing global demand for reliable energy storage options. The agreements between Energy Vault and ACEN represent the first step in a long-term collaboration to enhance renewable power generation in Australia.