Pacific Green expands Australia footprint into New South Wales with strategic land acquisition

Sydney, Dec. 03, 2024 (GLOBE NEWSWIRE) — Pacific Green, a worldwide battery vitality storage firm, has secured a parcel of land in Wagga Wagga, New South Wales, the place it proposes to determine its subsequent Australian vitality park.

The land is strategically co-located close to TransGrid’s current Wagga 330 kV substation and 16 km from the city of Wagga Wagga. A future grid linked battery vitality park on this location will strengthen and help the area’s renewable vitality portfolio of property by storing extra renewable vitality and discharging it throughout peak demand, stabilising the grid and decreasing vitality costs.

Wagga Wagga is an space of strategic significance to the nationwide grid because it hosts a focus of renewable vitality tasks and HumeLink – certainly one of Australia’s largest vitality transmission line tasks, which when constructed will join renewable vitality sources to the grid and put downward strain on Australian vitality costs.

Today’s announcement marks Pacific Green’s entry into the New South Wales market and additional progresses the corporate’s goal to construct a 10GWh growth pipeline of battery vitality parks all through Australia.

Leveraging its important expertise constructing battery vitality parks within the UK and Europe, the corporate is aiming to be certainly one of Australia’s main builders, and to assist speed up the nation’s transition to renewables by constructing a multi-gigawatt platform nationwide.

Joel Alexander, Managing Director & CEO, Pacific Green Australia commented: “Today’s announcement represents a milestone for Pacific Green. From our entry into Australia, we got down to diversify our regional presence, which now features a pipeline of tasks in South Australia, Victoria and New South Wales. A higher range of storage areas throughout the nation will help the strengthening, reliability and safety of our nationwide vitality system.

Our entry into the New South Wales market follows the event of Limestone Coast North Energy Park (250MW / 500MWh) and Limestone Coast West Energy Park (250MW / 1,000MWh) in South Australia, and up to date growth utility lodgment for our proposed mixed 1GW / 2.5GWh Portland vitality parks in Victoria. We are properly on our strategy to assembly our 10GWh goal.

The staff appears to be like ahead to working with stakeholders in and round Wagga Wagga in these early levels of venture design to make sure we form an vitality park greatest suited to the precise wants and alternatives of the area”

For media enquiries, please contact: pacificgreen@tamarindo.international

GlobeNewswire Distribution ID 9312481