cross-posted from: mander.xyz/post/54418918
Australian battery energy storage developer Enervest has inked a deal with Taiwanese energy company Billion Watts to roll out a 50 megawatt (MW)/200 megawatt-hour (MWh) portfolio of sub-5 MW projects across New South Wales and Victoria.
Enervest, an Australian owned developer specialising in the design, financing, and operation of large-scale battery energy storage systems (BESS), announced on Wednesday its new partnership with Billion Watts, the solar and energy storage subsidiary of Taiwanese tech firm Billion Electric Company.
Together, the two companies will advance the delivery of a portfolio of 10 sub-5MW projects at strategically located sites connected to distribution networks in NSW and Victoria.
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Each project will support local grid stability, system strength, and resilience in local regional communities, and are all expected to secure development approvals and ‘offers to connect’ by June 2027.
“These assets unlock multiple revenue streams – such as wholesale trading, energy arbitrage, and ancillary services – generating the resilient returns essential for long-term capital allocation,” said Elaine Chen, director of Billion Watts.
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