THE world's largest lithium-ion battery will be installed in South Australia under an agreement between French renewable energy company, Neoen, US sustainable energy company, Tesla, and the South Australian Government.
The energy storage systems from Tesla will be paired with Neoen's Hornsdale Wind Farm and is due to be installed before summer, placing South Australia at the forefront of global energy storage technology.
Neoen was selected on a merit basis after a multi-stage procurement process that attracted around 90 responses to the Expression of Interest, with 14 proponents invited to supply, and five shortlisted for detailed assessment.
According to the government, the consortium demonstrated it is capable of delivering 100MW of capacity by December 1 and provided a highly competitive commercial offer with the best value for money.
The 100MW / 129MWh battery will operate at all times providing stability services for renewable energy, and will be available to provide emergency back-up power if a shortfall in energy is predicted.
"Neoen is extremely proud to be working with the South Australian Government and Tesla to expand the Hornsdale Wind Farm in Jamestown," said Neoen Deputy CEO, Romain Desrousseaux.
"At 100MW and 129MWh, the Hornsdale Power Reserve will become not only the largest renewable generator in the state but also home to the largest lithium ion battery in the world, with our company's long-term, direct investment in South Australia growing to almost $1 billion since 2013.
"South Australian customers will be the first to benefit from this technology which will demonstrate that large-scale battery storage is both possible and now, commercially viable.
"Together, the South Australian Government, Neoen and Tesla will demonstrate that renewables can provide dependable, distributable power that will turn a new page in Australia's energy future," Mr Desrousseaux concluded.
The deal will also bring other investments by both Neoen and Tesla into South Australia's economy, with details to be announced in the future.