In a significant move towards bolstering South Australia’s renewable energy infrastructure, Recurrent Energy, a global leader in solar and energy asset development, has successfully finalized the sale of its 100 MW/200 MWh Mannum energy storage project to Epic Energy, a prominent energy infrastructure owner, and operator based in South Australia.
This transaction marks the third collaboration between Recurrent Energy and Epic Energy, with previous joint ventures including the 7 MW Mannum Stage One and 39 MW Mannum Stage Two solar projects, both skillfully developed by Recurrent Energy.
Located in Mannum, Australia, the Mannum energy storage project was conceived by Recurrent Energy to complement the existing Mannum solar projects, contributing valuable grid and market services to South Australia’s dynamic energy landscape. To realize this vision, Recurrent Energy has enlisted e-STORAGE as the energy storage solutions provider, leveraging their SolBank energy storage solution for the project.
Construction of the Mannum energy storage project is anticipated to commence in the first half of 2024, with commercial operation scheduled for 2025.
Clive D’Cruz, Chief Executive Officer of Epic Energy, expressed his enthusiasm, stating, “We are delighted to work with Recurrent Energy again at the Mannum site. The battery energy storage system rounds out Epic Energy’s investment at the current site, sitting alongside our two adjacent solar farms. The standalone battery will create much-needed energy storage to support the supply of excess renewable energy to the grid during peak periods and to enhance stability.”
Ismael Guerrero, CEO of Recurrent Energy, echoed the sentiment, saying, “We are delighted to collaborate with Epic Energy once again on the sale of our third project to them. Australia is a rapidly growing market for renewable energy and our latest transaction with Epic Energy supports the country’s efforts to decarbonize in a sustainable way. We look forward to continuing to advance our robust pipeline of energy storage and solar projects in Australia.”
