The Victorian Labor Government is investing in a major new battery storage facility near Terang in the state’s southwest.
The $7 million grant from the government’s Energy Innovation Fund will support construction of a 100 megawatts, 200 megawatts-hour battery system by renewable energy company Fotowatio Renewable Ventures (FRV).
Minister for Energy and Resources Lily D’Ambrosio said the Terang battery is in a strong and strategic part of the grid and will soak up local renewable energy, support lower bills for southwest Victorians and boost economic development.
“The Energy Innovation Fund has been designed to position Victoria at the forefront of the energy transition, with associated benefits for supply chain and skills development – and that’s what the Terang battery is bringing,” she said
The Terang battery will use grid-forming inverter technology to help stabilise the electricity network as more renewables are added.
This allows the battery to synthetically form and control the operating frequency and voltage, enhancing grid reliability.
The project will include 38 inverters and 48 battery containers.
Construction will begin early next year, creating up to 150 jobs.
According to the Victorian Government, it already leads Australia with 537 MW of operational large-scale batteries, which help integrate renewable generation.
The project aligns with the current Victorian government’s target of at least 2.6 gigawatts (GW) of storage by 2030 and 6.3 GW by 2035 as the state aims for 95 per cent renewable energy in little over a decade.
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