U.S.-based Power Vault has introduced an settlement with the State Electrical energy Fee (SEC) of Victoria in Australia for the supply and integration of a 100-MW/200-MWh battery vitality storage system (BESS) on the SEC Renewable Power Park-Horsham in Victoria. The teams on Feb. 13 stated the hybrid photo voltaic and BESS mission “represents a big step ahead in supporting Victoria’s transition to renewable, dependable, and inexpensive vitality.”
The SEC Renewable Power Park-Horsham is considered one of Australia’s first 100% publicly owned, utility-scale renewable vitality tasks. The mission consists of greater than 212,000 photovoltaic photo voltaic panels producing 119 MW of solar energy, and is able to producing 242,000 MWh yearly. Power Vault’s integration of a grid-forming BESS will present agency, dispatchable energy to satisfy peak demand intervals with a two-hour storage period.
The ability represents a $370-million funding by SEC. Officers on Thursday stated practically 250 jobs will probably be created throughout development. Preconstruction works on the website started this week, and full operational standing is predicted by late 2027.
The BESS system will probably be constructed with Power Vault’s proprietary X-VAULT integration platform utilizing the corporate’s proprietary UL9540 licensed B-VAULT product, and VaultOS Power Administration System to regulate, handle and optimize the hybrid BESS operations. Power Vault’s system structure supplies buyer optionality with each battery and inverter suppliers, whereas distinctive AC-coupled and DC-coupled configurations present the drop-in flexibility wanted for any mission.
“We’re happy to additional develop our footprint of vitality storage methods within the dynamic and quickly rising Australian market and work with SEC on this revolutionary hybrid mission structure,” stated Robert Piconi, chairman and CEO, Power Vault. “As our first authorities collaboration, this publicly-owned mission is well-aligned with our mission to speed up the clear vitality transition by sustainable and environment friendly vitality storage options and can play a pivotal position in guaranteeing the provision of renewable vitality.”
“We’re wanting ahead to working with Power Vault on the supply and integration of the battery storage system on the SEC Renewable Power Park-Horsham,” stated SEC CEO Chris Miller. “This mission demonstrates SEC’s ongoing efforts to drive Victoria’s transition to renewables.”
The announcement marks a key development of Power Vault’s rising business footprint within the Australian market, following a collection of current agreements, together with with Enervest and ACEN Australia for BESS deployments. Up to now, Power Vault’s B-VAULT portfolio consists of greater than 2 GWh in complete tasks both deployed or at present in improvement.
—POWER edited this content material, which was contributed by Power Vault.