Overview
Genus - in joint venture with Samsung C&T Corporation - has been awarded three contracts for the engineering, procurement, construction, and commissioning for the Balance of Plant scope and BESS installation for a 600MW/1,600MWh battery energy storage project for Phase 1 of the Melbourne Renewable Energy Hub (MREH) on a lump sum and turn-key basis.
The combined contract values are approximately $200 million, with works to commence immediately and estimated be completed by June 2025.
MREH is a globally significant energy storage precinct located 25km northwest of Melbourne’s commercial business district. Fully developed, it will be a 1.2GW/2.4GWh Battery Energy Storage System (BESS); one of the world's biggest.
Once complete the Hub will deliver 1.6 gigawatt hours of energy storage, with potential to expand. That’s enough to power around 200,000 homes during peak evening consumption.
This is a major milestone in the State Electricity Commission (SEC's) plans to deliver renewable, affordable and reliable energy for all Victorians.
The MREH will help firm up energy generated by Victoria's wind and solar projects - including through the Victorian Renewable Energy Target auctions (VRET 1 & 2) and the Bulgana Green Power Hub - to supply 100% renewable electricity to SEC customers.