Six large-scale solar farms, four with big batteries included, have been named as the winners in Victoria’s second renewable energy auction, fast-tracking 623MW of new generation capacity and 365MW/600MWh of new energy storage for the state.
State minister for energy Lily D’Ambrosio said on Friday the successful projects from VRET2 will generate a total of nearly 1,460 gigawatt-hours of renewables year, once completed, the equivalent of powering 300,000 homes.
The solar and storage projects will help deliver Victorian Labor’s target of 100% renewable electricity across government operations by 2025, as well as the statewide target of 50% renewables by 2030, and the brand new energy storage targets.
The successful bidders in the auction are spread across four of Victoria’s designated Renewable Energy Zones, from the Murray River REZ in the state’s north-west to the Gippsland REZ in the southeast.
The significant battery storage component of the VRET2 auction result comes little more than a week after the Andrews government announced nation-leading plans to legislate a 2.6GW energy storage target by 2030, and 6.3GW by 2035. The VRET2 website says the 600MWh of battery storage selected in the auction process will help manage network constraints in the state’s renewable energy zones, enhance grid stability, and help lower electricity prices.
“We’re powering every government building with cheap, clean renewable energy – boosting investment in the state by over a billion dollars and creating hundreds of jobs as we combat climate change,” said D’Ambrosio. “Victoria is the nation’s clean energy powerhouse – cutting emissions by more than any other state, tripling the amount of renewable energy and creating thousands of jobs.”