Recurrent Energy Successfully Concludes Sale of 100 MW Battery Energy Storage Project to Epic Energy

Canadian Solar Inc. announced that Recurrent Energy, a global conglomerate and owner of solar and energy assets, has sold 100 MW/200 MWh Mannum energy storage project in South Australia to Epic Energy. Mannum energy storage is the third project that Epic Energy has bought from. Currently, Epic Energy has 7 MW Mannum Stage One and 39 MW Mannum Stage Two solar projects in its portfolio and both were developed by Recurrent Energy.

Recurrent Energy started developing Mannum energy storage, situated in Mannum, Australia, to offer beneficial grid and market services to the South Australian energy market. e-STORAGE serves as the energy storage solutions provider and is tasked with delivering its SolBank energy storage solution. The project is slated for construction in the first half of 2024 and expected to reach commercial operation in 2025.

Speaking about the development, Clive D’Cruz, Chief Executive Officer of Epic Energy, said, “We are delighted to work with Recurrent Energy again at the Mannum site. The battery energy storage system rounds out Epic Energy’s investment at the current site, sitting alongside our two adjacent solar farms. The standalone battery will create much needed energy storage to support the supply of excess renewable energy to the grid during peak periods and to enhance stability.”

Ismael Guerrero, CEO of Recurrent Energy, added, “We are delighted to collaborate with Epic Energy once again on the sale of our third project to them. Australia is a rapidly growing market for renewable energy and our latest transaction with Epic Energy supports the country’s efforts to decarbonize in a sustainable way. We look forward to continuing to advance our robust pipeline of energy storage and solar projects in Australia.”