Deals Counterparts

Quorn Park solar-battery hybrid sends power to Australian grid

Development SolarStorageHybridBattery StorageRenewablesSolar Pv operating Parkes, NSW, Australia
USD192M
Deal Value
80 MW
Capacity
cod
Stage
Quorn Park
Project

The Quorn Park facility, a $192 million solar-battery hybrid near Parkes, NSW, has begun sending power to Australia's main grid, including during evening peak demand. The facility combines an 80 MW solar farm with a 20 MW/40 MWh battery, allowing for solar output to be stored and dispatched during peak times. This project signals a shift in Australia's electricity system, with numerous similar hybrid projects underway. The integration of solar and battery storage behind the same connection point is facilitated by changes in grid connection rules.

Deal Analysis

The Quorn Park solar-battery hybrid project, developed by Potentia Energy, represents a significant step in Australia's energy transition. The $192 million facility, located near Parkes, NSW, combines an 80 MW solar farm with a 20 MW/40 MWh battery storage system. This allows for the dispatch of solar power during peak evening demand, addressing a key challenge in integrating renewable energy sources into the grid. The project's operational status signifies a move towards more flexible and reliable renewable energy solutions in the Australian market, facilitated by evolving grid connection rules. The Australian Energy Market Operator (AEMO) plays a crucial role in managing the integration of such projects into the national grid. Quorn Park exemplifies the growing trend of hybrid renewable energy projects that combine generation and storage at the same connection point. This approach enhances grid stability and reduces reliance on traditional fossil fuel-based power plants. The project's success could pave the way for further investments in similar hybrid facilities across Australia, contributing to the country's renewable energy targets and decarbonization efforts. Potentia Energy's involvement as the developer underscores the role of experienced renewable energy companies in driving innovation and deploying advanced energy technologies.
  • Combines 80 MW solar farm with 20 MW/40 MWh battery storage.
  • Enables dispatch of solar power during peak evening demand.
  • Developed by Potentia Energy, a global renewable energy developer.
  • Operates within the Australian Energy Market, overseen by AEMO.
Market Context: Australia's renewable energy sector is experiencing rapid growth, driven by government policies, declining technology costs, and increasing demand for clean energy. Hybrid projects combining solar and battery storage are becoming increasingly common, offering a solution to intermittency challenges and enhancing grid stability. The Asia Pacific region, particularly Australia, is a key market for renewable energy investment.

Market Context

This deal is part of the Solar, Storage, Hybrid, Battery Storage, Renewables, Solar Pv sector in Australia.
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Solar deals
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