Trina Storage, a global leader in energy storage solutions, has played a pivotal role in enabling Pacific Green to secure AUD 460 million in financing for the Limestone Coast North Energy Park. The 250MW/500MWh battery energy storage system (BESS), supplied by Trina Storage, is scheduled to commence commercial operations in February 2027. Once operation, it will be one of the largest energy storage projects in South Australia, marking a significant milestone in the region’s renewable energy transition.
Trina Storage's Advanced Energy Storage Solutions Enable AUD 460 Million Financing
On March 19, Pacific Green announced that the Limestone Coast North energy storage project has successfully reached Financial Close, with 100% of the shares sold to Intera Renewables (Intera) in a transaction valued at AUD 460 million. This achievement underscores the critical role of Trina Storage's advanced energy storage solutions in ensuring the project's bankability and technical feasibility.As both the battery cell supplier and BESS provider, Trina Storage delivered a state-of-the-art 250MW/500MWh BESS, backed by robust performance guarantees and warranties. This ensures the system's safety, reliability, and long-term economic viability. Trina Storage's global experience and strong financial standing have been instrumental in bolstering investor confidence, making the financing a resounding success.
The Limestone Coast North project has achieved full development milestones, including land acquisition, grid connection, equipment procurement, and community consultations. A major breakthrough is the signing of a long-term offtake agreement with Zen Energy, South Australia's largest electricity retailer. This agreement provides a stable revenue stream, significantly enhancing the project's financial stability and attractiveness to investors. Trina Storage's cutting-edge technology and reliable performance played a crucial role in securing this agreement, further strengthening the project's economic foundation.
Trina Storage Secures Australia's Rigorous Grid Connection Approval
As the BESS supplier for one of South Australia's largest grid-connected energy storage projects, Trina Storage, in collaboration with Pacific Green, has successfully obtained grid connection approval (5.3.4a Letter) from ElectraNet and the Australian Energy Market Operator (AEMO). By meeting Australia's rigorous GPS grid connection certification requirements and leading the critical R1 and R2 implementation phases, Trina Storage proves its advanced product performance and system integration expertise.
Trina Storage's dedicated local technical support team in Australia has been pivotal in ensuring seamless project execution. From design and installation to operation and maintenance, the team provides end-to-end services, ensuring the highest standards of quality and reliability.
“We are honored to collaborate with Pacific Green on this landmark project.”said Andy Hsieh, Overseas Delivery and Service Director at Trina Storage. “Our team is fully committed to delivering high-quality energy storage solutions and ensuring the project's successful execution. With our local expertise and technical capabilities, we are confident in providing comprehensive support to ensure the project's seamless implementation.”
The Limestone Coast North project is the first in Pacific Green's 10GWh Australian project pipeline to reach Financial Close, marking a significant step forward in the nation's renewable energy transition. Trina Storage's involvement not only highlights its leadership in the global energy storage market but also reinforces its commitment to supporting Australia's ambitious clean energy goals.
Trina Storage remains dedicated to advancing global energy transition through innovative storage technologies. By collaborating with industry leaders such as Pacific Green, Trina Storage continues to drive innovation, reliability, and sustainability in energy storage , setting new benchmarks for the industry.