The Liddell Battery Project expands Fluence’s work with AGL and is the largest energy storage system announced to date Fluence will deliver in Australia
MELBOURNE, Australia, Dec. 20, 2023 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. (“Fluence”) (NASDAQ: FLNC), a leading global provider of energy storage products, services, and optimisation software for renewables and storage, today announced that the company has been selected by AGL Energy Limited (AGL) to deliver a 500 MW / 1000 MWh energy storage system for the Liddell Battery Project. Located at AGL’s Hunter Energy Hub in New South Wales, the project is the biggest energy storage system announced to date that Fluence will be designing, engineering, and constructing in Australia.
The project will use Fluence’s Gridstack™ energy storage product with a 5-year service agreement contributing to AGL’s planned 850 MW national grid-scale battery rollout. Construction for the project is expected to begin in early 2024, with the commencement of operations targeted for mid-2026. The project will also utilise Fluence's asset performance management software, Nispera™, to optimise the operational performance of the asset.
“We are excited to approve another major grid-scale battery project in our development pipeline, supporting the local economy and creating energy transition jobs at our Hunter Energy Hub,” said AGL Managing Director and CEO, Damien Nicks. “Importantly, the Liddell battery will be a key component of achieving our interim target of approximately 5 GW of new renewables and firming capacity in place by 2030, marking a significant milestone in AGL’s decarbonisation pathway and the transition of its energy portfolio.”
“We are thrilled to expand our work with AGL and appreciate the trust that their team has placed in our energy storage technology,” said Fluence SVP & President APAC, Jan Teichmann. “We are honoured to further strengthen our relationship with AGL with the Liddell Battery Project, the second battery storage system we will deliver to AGL in Australia. This grid-forming battery storage system is an important milestone for Fluence since it is the largest system announced to date that we will deliver in Australia, which further demonstrates our long-term commitment to the country’s energy transition.”
To date, Fluence has been selected to deliver over 1 GW energy storage projects within Australia to enhance grid stability and enable the country’s clean energy transition. Globally, Fluence has deployed and contracted 7.6 GW of energy storage projects.
About Fluence
Fluence Energy, Inc. (Nasdaq: FLNC) is a global market leader in energy storage products and services, and optimization software for renewables and storage. With a presence in 47 markets globally, Fluence provides an ecosystem of offerings to drive the clean energy transition, including modular, scalable energy storage products, comprehensive service offerings, and the Fluence IQ Platform, which delivers AI-enabled digital applications for managing and optimizing renewables and storage from any provider. The company is transforming the way we power our world by helping customers create more resilient and sustainable electric grids.
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