Lendlease is Interested in Australian Solar, Storage and Microgrids

Jon Capistrano
Jon Capistrano
December 28, 2016

Property and infrastructure group Lendlease has signed a joint venture to deliver solar microgrid projects across Australia with Carnergie Clean Energy as reported by Energy Storage News.

Multinational Lendlease has offices across four continents and its Australian subsidiary Lendlease Services employs over 3,000 people. It has created the 50/.50 JV with Carnegie Clean Energy’s subsidiary Energy Made Clean, a solar PV and battery storage project developer it acquired last October. Carnegie was until last week traded on the Australian Stock Exchange (ASX) under its former name Carnegie Wave Energy. The company has changed its name and stock symbol, as well as suspending trading for a few days while it prepared the Lendlease announcement.

The JVA will do the engineering, procurement and construction on projects all over Australia and together identify, secure, bid for, and deliver projects. Energy Made Clean hopes to gain better access to opportunities across the country through Lendlease’s nationwide footprint. This includes the National Electricity Market, which compromises around 40,000km of transmission lines and total electricity generation capacity of around 45,000 megawatts.

Lendlease Services and EMC will work together for an initial 3 years, and building on EMC’s track record of delivering microgrid, commercial-scale solar and energy storage systems, which includes a 1.6 megawatt PV array paired with 2.4 megawatt-hours of battery energy storage systems at a Commonwealth Scientific and Industrial research Organisation-led installation at the Australian Square Kilometre Array Pathfinder radio telescope in Midwestern Australia.

Click here to read the full story in Energy Storage News

Featured Image Credit: stantontcady

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