Neoen has reached 3.3 GW of capacity in operation or under construction in Australia, confirming its position as the country’s leading renewable energy player / The 3.3 GW consists of 2 GW of generation capacity evenly split between solar and wind farms and 1.3 GW / 2.8 GWh of battery storage / The company’s decade-long track record of delivery and innovation has been instrumental in accelerating the pace of Australia’s energy transition / Neoen is targeting around 10 GW in operation or under construction in Australia by 2030 with a multi-billion dollar forward investment plan
The Australian Energy Market Operator (AEMO) has awarded Neoen a 197 MW, 4-hour capacity services contract for Western Australia’s South-West Interconnected System (SWIS) / This service will be delivered by Stage 1 of Collie Battery sized at 219 MW / 877 MWh, with the project having approval for a total of 1 GW / 4 GWh / Neoen has provided notices to proceed to Tesla and UGL, signalling start of construction for Stage 1 / Collie Battery will provide significant support to the Western Australian electricity system, enhancing its security and reliability / It is Neoen’s first 4-hour long duration battery, its first major project in Western Australia and its sixth big battery in Australia
Construction of Neoen and Prokon’s Storbötet (105.4 MW) and Lumivaara (55.8 MW) wind farms in Finland has begun / The two wind farms will be operational in 2025 / They are both underpinned by 10-year power purchase agreements (PPAs) with Equinix, covering 60% of the energy generated by Storbötet and 80% of the energy generated by Lumivaara / Storbötet and Lumivaara are Neoen’s fourth and fifth wind farms in Finland, taking the company’s capacity in operation or under construction in the country to over 700 MW
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