Pacific Green eyes new energy park with new acquisition in Australia
This supports its 10GWh development pipeline across the country.
Pacific Green marks its entry into the New South Wales market after securing land in Wagga Wagga, New South Wales, where it plans to establish its next Australian energy park.
In a statement, the company said the land is co-located near TransGrid’s existing Wagga 330 kilovolt substation and 16 kilometres from the town of Wagga Wagga.
“A future grid connected battery energy park in this location will strengthen and support the region’s renewable energy portfolio of assets by storing excess renewable energy and discharging it during peak demand, stabilising the grid and lowering energy prices,” Pacific Green said.
Wagga Wagga is a crucial hub for Australia's energy transition, hosting numerous renewable energy projects and the HumeLink transmission line. This infrastructure will connect clean energy sources to the grid, helping to reduce energy costs nationwide.
“From our entry into Australia, we set out to diversify our regional presence, which now includes a pipeline of projects in South Australia, Victoria and New South Wales. A greater diversity of storage locations across the country will support the strengthening, reliability and security of our national energy system,” said Joel Alexander, managing director and CEO, Pacific Green Australia.
Pacific Green's expansion into New South Wales follows its development of large-scale battery storage projects in South Australia and its recent proposal for a 1 gigawatt /2.5 gigawatt-hour (GWh) project in Victoria.
The company is confident it will be able to meet its 10 GWh target of battery energy parks throughout Australia.