Octopus Australia has reached financial close on its Blind Creek Solar Farm and Battery project, located in Bungendore, NSW.
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The solar and storage project will be one of the largest of its kind in the national grid, combining a solar farm and battery in a way that delivers more clean power into the evenings when demand is highest.
Developed in close partnership with local landholders, Blind Creek will operate as a true agri-solar model, specifically designed to enable sheep grazing to continue across the site while enhancing land productivity with solar infrastructure.
Octopus Australia co-managing director of renewables Sonia Teitel said, “Reaching financial close on Blind Creek marks a major milestone for Octopus Australia and our commitment to accelerating the clean energy transition.
“This achievement demonstrates the strength of our strategy to deliver renewable energy projects that provide long-term value for communities and investors alike.”
Once complete, the Blind Creek project will generate up to 300MW of clean electricity, enough to power more than 120,000 homes.
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Its 243MW/486MWh battery, supplied by Wärtsilä Energy Storage, will store energy for use during peak demand, delivering the equivalent emissions reduction of taking 200,000 cars off the road each year.
