Aurora Solar Energy Project Development Update

September 25, 2020
SiBrick

1414 Degrees is pleased to provide an update on the Aurora Solar Energy Project, a transformative initiative aimed at delivering large-scale renewable energy solutions to South Australia. Located in the Upper Spencer Gulf region, the project is designed to integrate solar photovoltaic (PV) generation with advanced energy storage technologies, including battery energy storage systems (BESS) and the company’s proprietary Thermal Energy Storage System (TESS).

This hybrid model supports the transition to a low-carbon energy future by enabling reliable, dispatchable renewable power and industrial heat solutions.

The first stage of the Aurora Solar Energy Project includes a 70MW solar PV array paired with a 70MW/70MWh BESS. These assets will provide fast-response capabilities to support grid stability, frequency control, and energy arbitrage on the National Electricity Market (NEM). Engineering and regulatory development work is well underway, with connection approvals, site assessments, and early infrastructure design progressing steadily.

Looking ahead, the next stage will see the deployment of a TESS pilot system using the innovative SiBox® technology, a silicon-based thermal energy storage solution capable of delivering high-temperature, decarbonised industrial heat.

As outlined in the Aurora Solar Energy Project Development Update:

Historical modelling shows revenue potential

ITP Renewables modelled a hybrid solar power plant on the Aurora Project to maximise National Electricity Market (NEM) wholesale and ancillary services (FCAS) revenue. Their simulation of the past five years showed annual revenues ranging from $44m to $80m based on full share of FCAS market. Future revenue depends on capturing a proportion of this growth market, sales of energy on the NEM and through retailers. The regulatory market is adjusting and is expected to create further revenues for energy supply security.

Historical modelling confirms revenue potential for TESS + BESS

ITP Renewables modelled a TESS and BESS hybrid solar power plant on the Aurora Project to maximise National Electricity Market (NEM) wholesale and ancillary services (FCAS) revenue. Their simulation of the past five years showed that a combination of TESS and BESS storage increases potential revenue generation from the site through more flexibility of frequency response. Future revenue depends on capturing a proportion of this growth market, sales of energy on the NEM and through retailers. The regulatory market is adjusting and is expected to create further revenues for energy supply security.

These findings reinforce the commercial viability of Aurora’s integrated energy storage model and validate the company’s strategic direction.

 

Click here to view: The Aurora Solar Energy Project Development Update