Pacific Green Signs Commitment Agreement With ZEN Energy for BESS Offtake in Australia for 1.5GWh
Pacific Green Technologies (PGTK) has secured a significant commitment agreement with ZEN Energy for battery energy storage system (BESS) projects in Australia. The agreement covers 10-year tolling arrangements across three BESS projects in Victoria, New South Wales, and Queensland, totaling 1.5GWh of storage capacity.
This strategic framework follows Pacific Green's initial 500MWh offtake agreement for Limestone Coast North in South Australia and represents a major advancement in the company's 7GWh Australian project portfolio. The partnership aims to support ZEN's growing commercial and industrial customer base while managing energy transition volatility.
Pacific Green Technologies (PGTK) ha ottenuto un importante accordo di impegno con ZEN Energy per progetti di sistemi di accumulo di energia a batteria (BESS) in Australia. L'accordo prevede accordi di tolling per 10 anni su tre progetti BESS situati in Victoria, New South Wales e Queensland, con una capacit脿 totale di accumulo di 1,5 GWh.
Questo quadro strategico segue l'accordo iniziale di Pacific Green per 500 MWh di off-take per Limestone Coast North in South Australia e rappresenta un significativo progresso nel portafoglio di progetti australiani da 7 GWh dell'azienda. La partnership mira a sostenere la crescente base di clienti commerciali e industriali di ZEN, gestendo al contempo la volatilit脿 della transizione energetica.
Pacific Green Technologies (PGTK) ha asegurado un acuerdo de compromiso significativo con ZEN Energy para proyectos de sistemas de almacenamiento de energ铆a con bater铆as (BESS) en Australia. El acuerdo cubre arreglos de peaje por 10 a帽os en tres proyectos BESS en Victoria, Nueva Gales del Sur y Queensland, con una capacidad total de almacenamiento de 1,5 GWh.
Este marco estrat茅gico sigue al acuerdo inicial de Pacific Green para 500 MWh de compra para Limestone Coast North en Australia del Sur y representa un avance importante en la cartera de proyectos australiana de 7 GWh de la compa帽铆a. La asociaci贸n busca apoyar la creciente base de clientes comerciales e industriales de ZEN mientras gestiona la volatilidad de la transici贸n energ茅tica.
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鞚� 鞝勲灥鞝� 頂勲爤鞛勳泴韥姅 靷毎鞀れ槫鞀ろ姼霠堨澕毽晞鞚� Limestone Coast North鞐� 雽�頃� Pacific Green鞚� 齑堦赴 500MWh 鞓ろ攧韰岇澊韥� 瓿勳暯鞐� 鞚挫柎 須岇偓鞚� 7GWh 順胳＜ 頂勲鞝濏姼 韽姼韽措Μ鞓�鞐愳劀 欷戩殧頃� 歆勳爠鞚� 鞚橂頃╇媹雼�. 鞚� 韺岉姼雱堨嫮鞚� ZEN鞚� 靹膘灔頃橂姅 靸侅梾 氚� 靷办梾 瓿犼皾 旮半皹鞚� 歆�鞗愴晿瓿� 鞐愲剤歆� 鞝勴櫂鞚� 氤�霃欖劚鞚� 甏�毽晿電� 瓴冹潉 氇╉憸搿� 頃╇媹雼�.
Pacific Green Technologies (PGTK) a conclu un accord d'engagement important avec ZEN Energy pour des projets de syst猫mes de stockage d'茅nergie par batterie (BESS) en Australie. L'accord pr茅voit des arrangements de p茅age sur 10 ans pour trois projets BESS situ茅s dans le Victoria, la Nouvelle-Galles du Sud et le Queensland, totalisant une capacit茅 de stockage de 1,5 GWh.
Ce cadre strat茅gique fait suite 脿 l'accord initial de Pacific Green portant sur 500 MWh d'achat pour Limestone Coast North en Australie-M茅ridionale et repr茅sente une avanc茅e majeure dans le portefeuille de projets australiens de 7 GWh de la soci茅t茅. Ce partenariat vise 脿 soutenir la base croissante de clients commerciaux et industriels de ZEN tout en g茅rant la volatilit茅 li茅e 脿 la transition 茅nerg茅tique.
Pacific Green Technologies (PGTK) hat eine bedeutende Verpflichtungsvereinbarung mit ZEN Energy f眉r Batterie-Energiespeichersysteme (BESS) Projekte in Australien abgeschlossen. Die Vereinbarung umfasst 10-j盲hrige Tolling-Vereinbarungen f眉r drei BESS-Projekte in Victoria, New South Wales und Queensland mit einer Gesamtspeicherkapazit盲t von 1,5 GWh.
Dieser strategische Rahmen folgt auf die erste 500 MWh Abnahmevereinbarung von Pacific Green f眉r Limestone Coast North in S眉daustralien und stellt einen bedeutenden Fortschritt im 7 GWh australischen Projektportfolio des Unternehmens dar. Die Partnerschaft zielt darauf ab, ZENs wachsende gewerbliche und industrielle Kundenbasis zu unterst眉tzen und gleichzeitig die Volatilit盲t der Energiewende zu managen.
- Secured 10-year tolling arrangements for 1.5GWh storage capacity
- Strategic framework helps underwrite significant portion of Australian portfolio
- Expands presence across multiple Australian states
- Builds on existing 500MWh Limestone Coast North agreement
- Accelerates route to market for 7GWh project portfolio
- None.
Sydney, Aug. 05, 2025 (GLOBE NEWSWIRE) -- -聽Pacific Green is pleased to announce that its battery energy storage business in Australia has entered into a commitment agreement with ZEN Energy (鈥淶EN鈥�) for 10-year tolling arrangements across three Battery Energy Storage System (BESS) projects located in Victoria, New South Wales, and Queensland totaling 1.5GWh of storage capacity. This milestone marks a pivotal step in Pacific Green鈥檚 transition to its next phase of growth, significantly accelerating the route to market for its Australian project portfolio of 7GWh.
Scott Poulter, Pacific Green鈥檚 Group CEO, commented: 鈥淔ollowing our initial offtake agreement of 500MWh for Limestone Coast North in South Australia, we are delighted to enter into a strategic framework for a further 1.5GWh. This framework agreement helps Pacific Green underwrite a significant part of the our portfolio of developments in Victoria, New South Wales and Queensland, and enables Pacific Green to industrialize its project development processes.鈥�
Anthony Garnaut, CEO of ZEN, stated: 鈥淶EN and Pacific Green share a strategy that has storage at its heart. This next stage of ZEN鈥檚 deepening partnership with Pacific Green enables us to support our growing book of sustainability-driven commercial and industrial customers, as well as smooth the volatility inherent in the energy transition, as we meet the 24/7 requirements of our customers.鈥�
Scott Poulter, Chairman & CEO Pacific Green Technologies, Inc. +1 (302) 601-4659 [email protected]
FAQ
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