Sydney-headquartered energy developer ACE Power has sold to Banpu Energy Australia the 103 MW / 206 MWh Kerang grid-forming battery energy storage system (BESS) located in the Loddon Valley region of Victoria, 280 kilometres northwest of Melbourne.
The ‘ready-to-build’ project site includes secured land tenure, relevant planning and grid approvals, negotiation of key construction contract terms and entering a cultural heritage management plan with local traditional owner representative organisations.
ACE Power will continue to support Banpu with achieving financial close which is scheduled to occur later in 2025.
ACE Power Founder and Managing Director Andy Scullion said the sale is a good outcome for the network in northern Victoria after three years of work.
“Using grid-forming inverter technology, Kerang BESS will provide stronger support to the Victorian electricity network by boosting system strength and resilience. This will also unlock additional capacity for other renewable technologies such as solar and wind to come online,” Scullion said.
The system is intended to operate by charging when energy is abundant—typically during midday hours—and discharging during peak demand periods in the morning and evening. This will enhance overall grid balance, increase competition in the energy market, and help to reduce electricity costs for Victorian consumers.
In parallel, ACE Power is also developing the adjacent Kerang Solar and BESS Hybrid project which received 5.3.4A connection approval in July this year and is expected to reach financial close shortly after Kerang BESS.
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