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AFR reports Lyon Group back by US-based hedge fund Magnetar Capital to install 2 x 50MW batteries in SA


The AFR reported today that the Lyon Group was confident that they would install two 50 MW battery storage facilities in South Australia this year. A partner a Lyon Group, David Green, said that with the storage facilities linked to large-scale solar generation the storage facilities …

would have “easily been enough” to meet the crisis on February 8 that cut power to 90,000 homes in SA.

… Australia was “very naive” about the role that large-scale batteries – which can be turned on almost instantaneously – were already playing in ensuring system reliability and cutting off peaks in demand. He said Lyon’s technology was already in use in the US and Chile.

The Lyon Group has previously announced projects in SA and Far North Queensland with a combined capacity of 240 MW.

As the interest in using utility and residential scale battery storage to address energy issues big and small, we are working to build the Energy Storage Register such that these instances of installed battery systems can be noted for the 4 reasons provided.