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ACEN, Marubeni partner for 200-MW BESS project
The Philippine Star
|March 06, 2024
Ayala-owned ACEN Australia has teamed up with Marubeni Asian Power Singapore for the joint development of a 200-megawatts battery energy storage system in New South Wales, Australia.
Once finished in 2025, the project will be among the largest co-located solar and battery energy storage system facilities (BESS) in Australia, allowing energy to be stored and made available to the grid when needed.
ACEN and Marubeni signed a cooperation agreement during the Philippine Business Forum held in Melbourne, Australia.
The 50-50 joint venture has a projected investment amount of AU$250 million.
ACEN Australia managing director David Pollington said the partnership promotes the sustainable supply of renewable energy in Australia.
This story is from the March 06, 2024 edition of The Philippine Star.
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