Neoen has secured financial close on its 100 MW/200 MWh Capital Battery energy storage project located near Canberra in the Australian Capital Territory (ACT). The project will be financed by a combination of equity provided by Neoen and senior debt facilities provided by the Clean Energy Finance Corporation (CEFC) and Infradebt.
Neoen will construct the project under a develop-to-own business model in partnership with Doosan. The construction phase is targeted to be finished by the first half of 2023.
Once the project is commissioned, Neoen plans to launch a Community Co-investment Scheme that would provide the ACT residents and the Capital region with an opportunity to become financial stakeholders in the project.
Country updates
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September 27, 2022
ACCIONA, Zen Energy sign PPA for 192 MW wind project in Victoria
ACCIONA Energa and ZEN Energy have signed a 10-year Power Purchase Agreement (PPA) for the supply of 200 GWh/year from the 192 MW Waubra Wind Farm project located in Victoria, Australia. The electric...
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September 27, 2022
Queensland government plans to build 500 MW wind project
Stanwell is working with Renewable Energy Systems (RES) to construct the 500 MW Tarong West Wind Farm to be located 30 km south-west of Kingaroy, Queensland, Australia, as part of a transition away fr...
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September 23, 2022
BHP, Alinta sign PPA for 45 MW solar PV project in Western Australia
BHP has signed a large-scale renewable Power Purchase Agreement (PPA) with Alinta Energy's 45 MW solar and 35 MW battery energy storage project in order to halve its emissions from the generation of e...
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September 20, 2022
ENGIE takes final investment decision for 10 MW hydrogen power project in Pilbara
ENGIE has taken the Final Investment Decision (FID) in the development of the 10 MW Yuri hydrogen project located in the Pilbara region of Western Australia. The scheme will consist of a 10 MW el...
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September 19, 2022
Acciona starts pouring foundations at 1,026 MW wind project in Queensland
Acciona Energia has started pouring concrete for the first of 180 foundations at the 1,026 MW MacIntyre Wind Precinct project in Queensland, Australia to support the 180 Nordex Delta 5.7 MW turbines....
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