Consortium to roll out utility-scale battery storage in APAC
Lyon, Jera and Fluence have framed a collaboration agreement to identify and pursue utility-scale battery storage development and investment opportunities in Asia-Pacific (APAC) markets.
Under the agreement, Lyon, an Australian independent developer of integrated utility-scale battery storage and renewable generation projects, will be the project developer; JERA, a joint venture of two major Japanese electricity companies, Tepco Fuel & Power Incorporated and Chubu Electric Power Company, will be an investor; and Fluence, a joint venture of Siemens and AES, will be the energy storage solution and service provider.
The parties will assess utilisation of utility and industrial scale battery storage solutions in new projects and at existing renewable and thermal generation plants across their collective operational footprints.
The collaboration expands on the partnerships formed by the three firms through development of Lyon’s tranche 1 integrated solar and storage projects, namely, Cape York, Queensland (55MW solar + 20MW/80MWh storage), Nowingi, Victoria (253 MW + 80MW/320MWh)
Riverland, and South Australia (253MW + 100MW/400MWh) (up to 330MW solar including stage 2).
David Green, Chairman of Lyon commented that the collaboration agreement hinges on the global requirement for low emissions energy systems that are also secure, reliable and affordable. “Utility-scale battery storage solutions across new and existing generation plants will be a key enabler, ” he said.