Monday, March 9, 2026

Financing the batteries that can support Australia’s renewable future

That two-hour window is based on the operator “looking to discharge the battery as fast as [they] can”, Edify Energy CEO and founder John Cole says.
“If you want to trickle it out, then you can provide energy [to those 100,000 homes] over a longer duration,” he adds.
When completed, the Riverina battery will be one of the largest utility-scale grid-forming batteries in Australia’s National Electricity Market (NEM). Grid-forming technology is pivotal in maintaining grid stability, supporting the reliable dispatch of renewable energy. The project’s location should also support this functionality, Cole says.
Lying alongside the Murrumbidgee River, the small town of Darlington Point is already home to one of the largest solar farms connected to the NEM, and is strategically located near existing electricity infrastructure.
With plans to come online in the first half of…

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