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    FRV announces plans for Australian first big battery

    Global renewable energy developer and power producer Fotowatio Renewable Ventures’ (FRV) Australian platform said it would install the $125 million Terang Battery Energy Storage System (BESS) in Victoria’s Western District after being granted $7 million in funding from the state’s Energy Innovation Fund.

    FRV, which will build and operate the facility, said the Terang BESS will feature lithium-ion phosphate technology with 100 MW of energy storage capacity and two hours of duration. The battery storage system is to be coupled with grid-forming inverters, providing flexibility to the grid by storing excess electricity and dispatching it at times of high demand or grid instability.

    FRV said the battery, to be built on a 1.4-hectare next to the existing terminal station at Terang in Victoria’s Western District, about 200 kilometres southwest of Melbourne, will support the state government’s efforts to achieve its renewable energy target of 50% by 2030.

    Originally developed by Melbourne-based ACEnergy, the project received approval from the state government in 2021. FRV told local media this week it would continue to work with ACEnergy on finalising the permitting and connection of the project.

    It is anticipated that works on site are expected will start in the second half of 2023 with the battery expected to be switched on by the end of 2024.
    https://www.pv-magazine-australia.com/2022/09/30/frv-announces-plans-for-australian-first-big-battery/

 
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