Fluence Energy, Inc. (“Fluence”) (NASDAQ: FLNC), a leading global provider of energy storage products and services, and optimisation software for renewables and storage, today announced that it has been selected by Tilt Renewables to deliver the Latrobe Valley Battery Energy Storage System (BESS). The Latrobe Valley BESS will be a 100 MW / 200 MWh battery-based energy storage system located south of Morwell in Victoria, Australia. It will be the first privately funded storage project in Australia to be incorporated into an exclusively renewable generation fleet.
The Latrobe Valley BESS will be developed by Tilt Renewables and will be built, serviced, and maintained by Fluence under a 20-year long-term service agreement. The energy storage system will use Fluence’s Gridstack™ grid-scale energy storage product, underpinned by Fluence’s multi-generational technology platform and more than 15 years of design and global deployment experience with industry-leading reliability and safety. Tilt Renewables will also deploy Fluence’s AI-powered bidding software, Mosaic™, and asset performance management software, Nispera™, to optimise the market trading and operational performance of the asset.
“Fluence’s wealth of experience and track record in delivering reliable energy storage solutions aligns with our plan to help drive the transition to renewables in Victoria and Australia,” said Steve Symons, Acting CEO at Tilt Renewables. “We are proud to partner with Fluence in delivering our first Battery Energy Storage System in Australia.”
“We are thrilled to work with Tilt Renewables to deliver the Latrobe Valley BESS, which is our first asset globally that will deploy the full Fluence product ecosystem. Tilt Renewables has been a long-term strategic customer for Fluence Digital, using Mosaic to optimise the market bidding of its wind portfolio since 2019, and we are honoured to extend and strengthen the relationship further with this energy storage project,” said Jan Teichmann, Fluence SVP & President, APAC. “Latrobe Valley BESS marks another important milestone for us in Australia and demonstrates our long-term commitment to the country’s energy transition.”
The Latrobe Valley BESS is the second battery-based energy storage system for Fluence to deliver in the Latrobe Valley. The first is the 150 MW / 150 MWh Hazelwood battery.