The Blyth Battery, being developed by Neoen, is a proposed 200 megawatt / 400 megawatt-hour battery located in the mid-north of South Australia.
The battery will be located near the Blyth West substation and will connect to ElectraNet’s transmission network. The proejct will primarily store energy from Neoen's 70-megawatt Goyder South Stage One wind farm.
The Blyth Battery will supply BHP's Olympic Dam operations with energy through a Power Purchase Agreement.
Key Dates
Nov 2021 | Project Announcement |
Dec 2022 | Contract Award |
Dec 2022 | Construction Commencement |
2025 | Expected Construction Completion |
Funding contributions
The project recieved an unspecified funding contribution from the Australian Renewable Energy Agency to equip the asset with grid-forming inverter technology. |
Financing
Both the Goyder South Stage 1 wind farm and its 238.5 MW / 477 MWh Blyth Battery are entirely owned by Neoen with debt financing provided by a group of five lenders: the Clean Energy Finance Corporation, KfW IPEX-Bank, ING, Mizuho and Westpac. |
Procurement
Procuring Agency: | Neoen |
Successful Tenderer: | Elecnor and NHOA Consortium |
PROJECT HISTORY
Nov 2021 | Neoen announced the project. |
Nov 2022 | Neoen and BHP signed a Power Purchase Agreement (PPA) for the Blyth Battery and Goyder South Stage One wind farm to supply power to BHP's Olympic Dam operations. |
Dec 2022 | The Australian Renewable Energy Agency (ARENA) announced the project was one of eight Battery Energy Storage Systems which would recieve funding through the ARENA’s Large Scale Battery Storage Funding Round. |
Jan 2023 | Neoen announced it awarded an Elecnor and NHOA Consortium the contract to deliver the battery in December, and that construction had commenced on the project. |
Feb 2024 | Neoen reached financial close on the project, along with the 203 MW second tranche of its Goyder South Stage 1 wind farm. Neoen retained full equity, with debt financing provided by the Clean Energy Finance Corporation, KfW IPEX-Bank, ING, Mizuho and Westpac. |