Energy Storage News•2 months ago
HD Renewable Energy secures 20-year offtake for 330MWh Templers BESS in South Australia
- •HD Renewable Energy (HDRE) has secured a 20-year Power Purchase Agreement (PPA) with Zen Energy for its 111MW/330MWh Templers Battery Energy Storage System (BESS) in South Australia.
- •This long-term PPA provides significant revenue certainty for the BESS developer, de-risking the project and facilitating financing.
- •For large power consumers like Zen Energy, this agreement secures a substantial, long-term supply of dispatchable energy capacity, aiding in energy cost management and sustainability targets.
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