VH Global Sustainable Energy Opportunities (GSEO) has completed the construction of a solar and storage hybrid system in Australia.
This has been achieved through the addition of a 4.95MW two-hour battery energy storage system (BESS) on its existing operational solar site in South Australia.
The asset will earn revenues from energy arbitrage and frequency stability services.
The developer, managed by Victory Hill Capital Partners, initially acquired two operating solar sites with a combined capacity of 17MW in 2021 (phase 1).
The addition of the battery is phase 2 of the construction of a solar and storage hybrid system in South Australia.
Work to optimise the grid connection of the battery system for the second site is ongoing.
The company’s operating partner, Birdwood Energy, has worked closely with the contractors to ensure the timely delivery of this project.
Additional co-located batteries will be installed on the company’s other three solar sites currently under construction in New South Wales.
The three solar sites are expected to be commissioned in Q3 2023.
Richard Lum, Co-CIO of Victory Hill Capital Partners, said: “GSEO’s first co-located battery site at the South Australia solar farm marks another key milestone for the company.
“The complexity of managing the grid and ensuring stability when there is already such a high penetration of intermittent solar power generation in Australia is a real challenge.
“Its demands can only be faced with greater energy storage that will help provide smooth availability of power from renewable sources.
“Improving stability is also important to avoid curtailment of renewable energy.”