RENEWABLE energy company Maoneng’s Tyabb battery project has been given permission to the existing substation.
The Australian Energy Market Operator has approved the company to connect its battery energy storage system (BESS) to AusNet’s existing Tyabb substation.
Maoneng received development approval earlier this year and is scheduled to complete the project in early 2024 (previously mid-2023 “Positive result for battery plan” The News 1/2/22).
The company says its $190 million project is expected to generate up to 160 full-time equivalent jobs during its 12-month construction.
The BESS is designed to draw and store energy from the grid during off-peak periods and returning enough to the grid during peak periods for the equivalent of 40,000 average Australian homes.
Maoneng co-founder and CEO Morris Zhou said the grid connection assessment approval was an “important step forward”.
“We now have the assessment approval as well as the development approval for an asset that will support the Victorian government’s objective of improving regional electricity reliability,” he said.
“This project is progressing at a time when demand for renewable energy and associated storage capacity is increasing, and we are seeing a lot more interest in battery projects both in Australia and internationally – they are vital to the clean energy transition.”
