Energy Vault, a global leader in sustainable energy storage solutions, today announced an agreement with the State Electricity Commission (SEC), a renewable energy company in the state of Victoria, Australia, to supply and install a 100 MW/200 MWh Battery Energy Storage System (BESS) at the SEC Renewable Energy Park - Horsham, Victoria. This hybrid solar and BESS project is an important step toward providing reliable and affordable renewable energy to Victoria.
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The SEC Renewable Energy Park – Horsham is one of Australia's first fully government-owned renewable energy projects. The project includes more than 212,000 solar photovoltaic panels generating 119 MW of solar energy, with an annual capacity of 242,000 MWh. The integration of a grid-forming BESS from Energy Vault will ensure a stable and controllable power supply to manage peak demand with a storage duration of two hours.
SEC's $370 million investment will provide enough renewable energy to power approximately 51,000 homes and create approximately 246 jobs and economic benefits for the Horsham region during construction. Pre-construction work on the SEC Renewable Energy Park in Horsham began this week and full operations are expected to be achieved by the end of 2027.
The BESS system is built using Energy Vault's proprietary X-VAULT™ integration platform, using the company's proprietary UL9540-certified B-VAULT™ product and VaultOS™ energy management system to control, manage and optimize hybrid BESS operations. Energy Vault's innovative system architecture provides customers with a choice of battery and inverter vendors, and unique AC and DC coupled configurations provide the drop-in flexibility needed.
" We are delighted to expand our energy storage presence in the dynamic and fast-growing Australian market and to work with the SEC on this innovative hybrid project architecture," said Robert Piconi, Chairman and CEO of Energy Vault. " As our first collaboration with the government, this government project is consistent with our mission to accelerate the transition to clean energy through sustainable and efficient energy storage solutions and will be instrumental in enabling a secure supply of renewable energy."
“ We are excited to be working with Energy Vault to deliver and integrate the battery energy storage system at SEC Renewable Energy Park – Horsham,” said Chris Miller, CEO at SEC. “ This project demonstrates SEC’s ongoing efforts to drive Victoria’s transition to renewable energy.”
Today's announcement marks a major step forward for Energy Vault's growing commercial presence in the Australian market and follows a number of BESS deployment agreements signed with Enervest and ACEN Australia, among others. To date, Energy Vault's B-VAULT portfolio includes projects with a total capacity of more than 2 GWh, either deployed or under development.