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Business|Energy|Financial|Power|PROJECT|Shell|Storage|System|Operations
Business|Energy|Financial|Power|PROJECT|Shell|Storage|System|Operations
business|energy|financial|power|project|shell|storage|system|operations

Rangebank battery energy storage system, Australia

Image of battery energy storage unit

23rd June 2023

By: Sheila Barradas

Creamer Media Research Coordinator & Senior Deputy Editor

     

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Name of the Project
Rangebank battery energy storage system (BESS).

Location
Rangebank Business Park in Cranbourne, Victoria, Australia.

Project Owner/s
The project is a joint venture between Macquarie Asset Management’s Green Investment Group (GIG) and Shell Energy Operations.

Project Description
The project entails the development of a utility-scale BESS.

The proposed 200 MW/400 MWh BESS will have the capacity to power the equivalent of 80 000 homes across Victoria for an hour during peak periods.

Through an offtake agreement, Shell Energy will have access to 100% of the battery’s offtake over a 20-year period.

Potential Job Creation
Not stated.

Capital Expenditure
Not stated.

Planned Start/End Date
The project reached financial close in March 2023 and is expected to be complete in late 2024.

Latest Developments
None stated.

Key Contracts, Suppliers and Consultants
None stated.

Contact Details for Project Information
GIG, tel +61 3 9635 8000.

Edited by Martin Zhuwakinyu
Creamer Media Senior Deputy Editor

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