ZEN Energy is an energy company committed to limiting global warming to 1.5°C. Achieving this target will rely on an economy-wide transformation to renewable energy, and this is not possible without greater amounts of energy storage in the national grid.
Our Templers Battery project will provide 111MW/240MWh of storage and is being delivered by ZEN Energy after we purchased the project from Renewable Energy Solutions (RES). Once completed, it will provide dispatchable, fast-response generation and load into the SA market, enabling more of the renewable energy generation required to reduce South Australia’s carbon impact. Battery Storage Energy Systems like the Templers Battery offer a rapidly deployable solution and provide significant amounts of dispatchable energy storage to the National Energy Grid which will increase the capacity to accept more renewable energy generation.
ZEN is committed to forming long-term and mutually beneficial relationships with the communities in which we operate. and key stakeholders including the Light Regional Council to ensure a safe, smooth and successful construction process.
We acknowledge the Ngadjuri people as the Traditional Custodians of the land, waters and knowledge related to the Templers Battery site. In our work, we recognise the importance of Country – not just as a place, but how it also maintains community, family, kin, lore and language. We pay our respects to Elders past, present and emerging.
FINAL NETWORK APPROVALS
We expect to receive Generator Performance Standards (GPS) and the Full Impact Assessment (FIA) approval in Q1 2023.
PROJECT FINANCIAL CLOSE
After all the necessary network approvals are obtained, we expect the Templers Battery Project to reach financial close in Q3 2023.
Given the pre-planning ZEN expects to have completed prior to financial close, the Templers Battery Project will move into the construction phase in Q2 2023.
We expect the project to take no more than 15 months to complete and are expecting the battery to be fully energised and providing services to the South Australian grid by Q4 2024.