The South Australia government has approved the planning of a wind, solar and batter storage project with a budget of $3 billion, called the Goyder South project. The project is being developed by Neoen, and will consist of 1,200MW of wind power capacity, 600MW of solar power capacity, and up to 900MW/1,800MWh of battery storage capacity. The Goyder South project will be located near Burra in Southern Australia.
The project has finalised a long-term supply contract with the ACT government for a 100 MW wind component. As per the contract the power will be delivered at a tariff of $44.97 per MWh. The construction of the first stage of the project, which will total up to 400MW, is expected to begin in the second half of 2022.The government also plans to build a South Australia – New South Wales interconnector to deliver cheaper, cleaner electricity and regional employment.
Recently, Neoen, a renewable energy developer, also financially closed on the Victoria Big Battery project, an energy storage project with a capacity of 300 MW/450 MWh. While the Clean Energy Finance Corporation, on behalf of the Australian Government will provide debt financing of 160 million Australian dollar, Neoen will also hold equity. The battery storage facility will be located near Geelong, in Victoria.
Earlier this year, Neoen has also initiated the planning process for a 500 MW/1,000 MWh battery storage project in New South Wales. The project will be located around 100 km west of Sydney, near the site of the former Wallerawang coal-fired power station. The project, referred to as the ‘Great Western Battery’, would form a major part of an evolving New South Wales energy grid.