Proposed by Neoen, the Territory Battery is a stand-alone battery facility with up to 300 megawatts (MW) of capacity, with 2 hours or 600 MWh of power storage.
The Territory Battery will be located in Ginninderry, ACT, directly south of the Stockdill Substation, approximately 3 kilometres south of Holt and 15 kilometres northwest of the Canberra CBD.
Financing
Debt Finance: | Clean Energy Finance Corporation |
Debt Finance: | Infradebt |
Procurement
Procuring Agency: | Neoen |
PROJECT HISTORY
Oct 2022 | The Clean Energy Finance Corporation announced it would provide $35.5 million in debt, alongside an additional $35.5 million debt facility by Infradebt. |
May 2024 | The Federal Government provided conditional approval under the EPBC Act to proceed with the project. |
Sector
Energy
Procurement approach
Unconfirmed |
Location
Australian Capital Territory |
Resources