Victoria’s Development Facilitation Program pathway has helped BrightNight, a Florida-headquartered renewable energy company, fast-track the construction of its hybrid renewable energy in south-west Victoria.
The $700 million Mortlake Energy Hub, set to begin in 2025, will combine a 360-megawatt solar energy facility with a 300-megawatt battery energy storage system capable of powering 140,000 homes and cutting emissions by 41.4 million tonnes annually.
The BrightNight project will leverage the existing Mortlake Terminal Station to store energy and solar power and release it into the grid when it’s needed – delivering more affordable and renewable energy.
Earlier this year, renewable energy projects became eligible for the Victorian Government’s Development Facilitation Program pathway – ensuring more cleaner and cheaper energy projects get off the ground faster.
The facilitation program is an accelerated assessment pathway for eligible projects to inject investment into the Victorian economy.
Projects like this support Victoria’s renewable energy targets of 65 per cent by 2030 and 95 per cent by 2035 and are supported by energy storage targets of at least 2.6 gigawatts by 2030 and 6.3 gigawatts by 2035.
Victoria’s abundant natural resources are assisting the state achieve these renewable energy targets, deliver $9.5 billion in economic development, while offering plenty of opportunities to investors.
Explore opportunities in Victoria’s clean energy sector.
