Canadian Solar's subsidiary CSI Solar has secured a turnkey engineering, procurement and construction (EPC) contract to provide 100MW/200 megawatt hours (MWh) of energy storage solutions for Fotowatio Renewable Ventures (FRV), Australia's inaugural standalone energy storage project in the state of Victoria.
This Australian energy storage project will generate numerous employment opportunities throughout its construction and operational stages.
FRV Australia, a subsidiary of Jameel Energy and backed by the Canadian infrastructure fund OMERS, is at the forefront of developing sustainable energy solutions.
The collaboration between e-STORAGE and FRV Australia includes an energy storage supply agreement and a long-term service agreement, with construction to begin in August 2024.
e-STORAGE will supply the Terang project with SolBank 3.0, its most advanced proprietary energy storage solution.
Each 20ft container of SolBank 3.0 offers more than 5MWh of capacity. This represents a 45% increase in capacity and a 12% reduction in the space required for the project layout compared to its predecessors.
e-STORAGE president Colin Parkin stated: “We really appreciate FRV Australia's trust in e-STORAGE, having chosen us to build this 100MW/200MWh energy storage system in Terang, Australia.
“Leveraging our advanced SolBank 3.0 technology, this project not only bolsters the grid during peak demand, but also delivers substantial benefits to the local community. We look forward to working with FRV Australia in the future.”
SolBank 3.0 has an efficient cooling system that can cut auxiliary energy consumption by 30%.
The system is also equipped with a multi-level fire detection, alarm and extinguishing system to address thermal risks effectively.
FRV Australia CEO Carlo Frigerio stated: “Building our first large-scale energy storage project is a major milestone for FRV Australia.
“This project strengthens our place in the renewable energy sector in Australia. It paves the way for future business opportunities and growth in our portfolio.”
