Lun. Dic 23rd, 2024

Pacific Green expands Australia footprint into New South Wales with strategic land acquisitionPacific Green, a global leader in battery energy storage, has expanded its presence in Australia with a strategic land acquisition in New South Wales. The company has secured a parcel of land in Wagga Wagga, located near TransGrid’s existing 330 kV substation and just 16 km from the town of Wagga Wagga. This prime location will be the site of Pacific Green’s next Australian energy park, which will play a crucial role in supporting the region’s renewable energy portfolio.

The proposed battery energy park will store excess renewable energy and discharge it during peak demand, stabilizing the grid and lowering energy prices. This is a significant step towards Australia’s transition to renewable energy, as Wagga Wagga is a key area for the national grid with a concentration of renewable energy projects and the HumeLink transmission line project. Once completed, HumeLink will connect renewable energy sources to the grid and help drive down energy prices.

Pacific Green’s entry into the New South Wales market marks a major milestone for the company. With a goal of building a 10GWh development pipeline of battery energy parks throughout Australia, Pacific Green is leveraging its extensive experience in building similar projects in the UK and Europe. The company aims to become one of Australia’s leading developers, accelerating the country’s transition to renewables by creating a multi-gigawatt platform nationwide.

Joel Alexander, Managing Director & CEO of Pacific Green Australia, commented on the company’s expansion: “Today’s announcement is a significant achievement for Pacific Green. Our entry into Australia was driven by our desire to diversify our regional presence, and we are proud to now have a pipeline of projects in South Australia, Victoria, and New South Wales. This diversity of storage locations will strengthen the reliability and security of our national energy system.”

Pacific Green’s entry into the New South Wales market follows the development of two energy parks in South Australia, Limestone Coast North Energy Park (250MW / 500MWh) and Limestone Coast West Energy Park (250MW / 1,000MWh). The company has also recently submitted a development application for its proposed combined 1GW / 2.5GWh Portland energy parks in Victoria. With these projects, Pacific Green is well on its way to meeting its 10GWh target.

Alexander added, “Our team is excited to work with stakeholders in and around Wagga Wagga to design an energy park that meets the specific needs and opportunities of the region. We are committed to playing a key role in Australia’s transition to renewable energy and are confident that our projects will have a positive impact on the country’s energy landscape.” 

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