Construction is expected to begin in the coming weeks. Infigen has entered into funding agreements with the South Australian Government and the Australian Renewable Energy Agency to co-fund the approximately $38 million development. The SA Government and ARENA have each committed $5 million in grant funding ($10 million in total).
The BESS will be located adjacent to the 278.5 MW Lake Bonney Wind Farm and will be connected to the National Electricity Market via the Mayurra substation owned by ElectraNet.
Ross Rolfe, CEO of Infigen, said, “With the firming capability of the BESS, Infigen will be able to expand its supply contracts from the Lake Bonney Wind Farm to additional commercial and industrial customers in South Australia, which is at the heart of our business strategy.”
According to Infigen, “The BESS can supply ancillary services ensuring increased security and quality of supply and fast response services as required. Adding battery energy storage capability to the SA market is consistent with the objectives of energy policy, including the proposed National Energy Guarantee.”
Rolfe concluded, “Infigen’s strategy is to supply clean energy to our customers and participate in growth opportunities in the NEM. Our investment in the BESS demonstrates our continued solid progress in delivering on our strategy. We are delighted to be able to work with global technology leader Tesla, ARENA and the South Australian Government to contribute to improved energy security and reliability of supply for South Australian energy consumers.”
