Neoen first to reach 3.3GW renewables capacity in Australia

Three Neoen workers wearing high-vis clothing and hardhats on a construction site (capacity)
Image: Neoen

Neoen has reached 3.3GW of capacity in operation or under construction in Australia, confirming its position as the country’s leading renewables company.

To date, Neoen has invested more than $4 billion and accounts for approximately 10% of Australia’s utility-scale solar capacity, 10% of Australia’s wind capacity and 45% of Australia’s grid scale battery storage.

Related article: Neoen to build first long-duration battery in Western Australia

The company’s portfolio of 20 assets in operation or under construction consists of 2GW of generation capacity evenly split between solar and wind and 1.3GW/2.8GWh of battery storage.

Neoen Australia has grown from a small team in Sydney to 100 team members working across seven offices, with a footprint in every state. With an extensive development pipeline, Neoen is targeting around 10GW in operation or under construction by 2030 with a multi-billion dollar investment plan.

Its ambition is to have highly competitive assets in each of its three technologies (solar, wind and storage) in every state, and to leverage this multi-technology portfolio to design the solutions of the future for the grid and for energy customers.

Related article: Neoen expands Western Downs Battery to 270MW/540MWh

Neoen Australia CEO Louis de Sambucy said, “Adding more than 3GW of capacity over the past decade is a major achievement for Neoen and for Australia’s renewable energy transition, which we are proud to be a part of.

“It is thanks to the dedication and audacity of the Neoen team that we have often been able to lead the way. Hand in hand with local communities, our business partners, and the federal and state governments, we are strongly committed to continuing to play a decisive role in Australia’s clean energy future.”

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