CEP. Energy, a specialist renewable energy fund company in Australia, has just announced the largest proposed grid-scale battery project in the world so far, with up to 1,200MW rated output. Aimed at helping to integrate growing shares of renewable energy on the grid and in turn accelerate the phasing out of fossil fuels, the project will be sited in the small town of Kurri Kurri in the Hunter Valley region of New South Wales, about 150km north of Sydney on Australia’s east coast. The town lies within the Hunter Economic Zone, an industrial redevelopment scheme.

CEP. Energy, which plans to build out four battery storage plants at different locations around Australia totalling 2,000MW, said in a statement sent to Energy-Storage.news that a 30-year lease agreement has just been signed for the project in Kurri Kurri with local property development group Hunter Investment Corporation. It’s important to note the phrasing […]

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Image: CEP. Energy