Sungrow, the global leader in providing inverter and energy storage system solutions, has unveiled a strategic partnership with the Clean Energy Transfer Fund. This collaboration positions Sungrow as a pivotal tolling partner for Hive Battery Developments, an endeavour aimed at realising the innovative energy storage initiative named HIVE. Central to this partnership is Sungrow’s advanced liquid cooling energy storage system (ESS), PowerTitan, which will serve as the driving force behind the entire project. With a focus on deploying and utilising state-of-the-art energy storage solutions, this collaboration will actively participate in frequency control ancillary services (FCAS) and the arbitrage market, contributing to the expansion of Australia’s green energy framework.
As Australia forges ahead with ambitions to attain net zero emissions and phase out coal-based power generation by 2050, the nation grapples with the challenge of ageing conventional power plants. In response to the escalating demand for energy, Australia has outlined plans to construct over 50 clean power plants. This underscores the critical role of energy storage in ensuring the stable and efficient utilisation of renewable energy, aligning with the nation’s sustainable power objectives.
HIVE is an innovative, scalable, and distributed battery energy storage project that can be easily adjusted to meet diverse requirements. The first HIVE battery will span 10 sites in New South Wales, combining seamlessly to deliver up to 49.9MW/200MWh of distributed energy storage. Each site will be equipped with an average connection and coordination scale of nearly 5MW, all controlled by cutting-edge virtual power plant technology.
At the heart of each HIVE lies Sungrow’s cutting-edge energy storage solution, PowerTitan. Employing liquid cooling technology, PowerTitan incorporates industry-leading innovations, offering cost-effectiveness, seamless installation, unmatched operational safety, enhanced efficiency, and extended battery cycle life. Additionally, the system features smart monitoring capabilities, setting a new standard for energy storage technology worldwide. The ease of installation means that a HIVE battery can become operational within six months, a significant reduction compared to traditional grid-scale batteries that could take over two years to deploy. Impressively, PowerTitan has already secured global contracts exceeding 9GWh.
Rob Ashdown, Co-Founder and Managing Director of Clean Energy Transfer Fund, said Sungrow has proven themselves as a very strong partner in the development of HIVE.
“Sungrow has stepped up and supported Hive Battery Developments at each development hurdle, and we look forward to building a strong partnership with in the future.”
Joe Zhou, Country Manager of Sungrow Australia, stated, “Thanks to CETF for choosing Sungrow to participate in HIVE. Sungrow has been deeply engaged in the Australian market for a long time with innovative products and solutions, reaching an international advanced level”. Mr Zhou reaffirmed Sungrow’s dedication to ensuring the seamless delivery of the HIVE battery system, generating optimal yields for clients and expediting Australia’s transition towards sustainable energy.