FRVs' Jameel Energy announce the financial close of Gnarwarre solar PV plant (EN VO Subs)

FRV Australia, part of Jameel Energy and OMERS Infrastructure, have announced the financial close of the Gnarwarre Battery Energy Storage System (BESS) project, with a capacity of 250 MW/500 MWh, located in the state of Victoria.

The project is financed under the portfolio financing facility closed by FRV Australia in July 2024. With the addition of this new project, FRV Australia’s portfolio will reach a total installed capacity of approximately 1.4 GW once completed.

Gnarwarre represents a strategic milestone in FRV Australia's commitment to large-scale storage solutions, critical for grid stability and supporting Australia’s clean energy transition and will count with grid forming inverters. It is FRV Australia’s largest BESS project to date, following the Terang 100MW/200MWh BESS currently under construction.

The project has also received support from ARENA (the Australian Renewable Energy Agency), which awarded a AU$15 million grant under its Large-Scale Battery Storage Funding Round. This funding will enable the integration of grid-forming inverter technology, allowing the battery to provide critical system stability services traditionally delivered by synchronous generation such as coal and gas. FRV Australia thanks ARENA for its continued support in advancing grid-scale storage solutions and accelerating the energy transition.

With this milestone, FRV Australia continues to grow its integrated portfolio of generation and storage projects to help build a more resilient and sustainable grid. The company now operates nine PV facilities across Australia and New Zealand, surpassing 1 GW of capacity, and is delivering two large-scale BESS projects totalling 350 MW.


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