Ambitious solar and storage project developer Lyon Infrastructure has teamed up with two major international energy and battery storage groups to pursue its portfolio of projects in Australia, and others overseas.
In joint announcement on Tuesday, Lyon says it has signed a “collaboration” agreement with Japan’s JERA and US-based Fluence to “identify and pursue utility-scale battery storage development and investment opportunities in Asia-Pacific markets.”
The agreement may provide renewed momentum for Lyon’s list of major solar and storage projects, which have attracted big headlines and publicity, but are yet to advance to contracting, financial close, or construction.
The three Australian projects flagged in this deal were due to begin construction in 2017 (see table below) and executive chairman David Lyon still promises that an announcement for a start in the first of those will be made in the first “within a few months”.
A legal battle with US solar giant First Solar over the details of one of Lyon’s projects appeared to take the wind out of its sails late last year.
But while the legal dispute is ongoing, Lyon’s David Green told RenewEconomy he is confident the company can move forward and it will not impact its projects.
Both JERA and Fluence are joint ventures created by some of the biggest energy players in the world.
JERA is joint venture of two major Japanese electricity companies, TEPCO Fuel & Power Inc and Chubu Electric Power Co, while Fluence is an equal joint venture of Siemens and AES that focuses on battery storage.
Together, the three groups say they will look at utility and industrial scale battery storage solutions in new projects and at existing renewable and thermal generation plants.
Lyon would be the project developer, JERA an investor, and Fluence the energy storage solution and service provider.
Top of the list in Australia are three long talked about projects that Lyon has been developing, and was talking about a year ago as on the point of development:
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