Fotowatio Renewable Ventures (FRV) Australia has commissioned the 100MW/200MWh Terang battery energy storage system (BESS) in Victoria, the company’s first standalone storage project.
FRV Australia is a renewable energy developer and subsidiary of Jameel Energy and Canadian infrastructure fund OMERS. The company has primarily built and operated solar PV assets in Australia.
FRV Australia CEO Michael Steiner said the commissioning marks a defining moment for the company.
“The project demonstrates our ability to develop and operate utility-scale dispatchable energy infrastructure that supports Australia’s energy transition. It provides critical firming capacity during peak hours while helping to strengthen grid reliability,” Steiner said.
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The Terang BESS is located near the town of Terang in the Shire of Corangamite, around 212km southwest of Melbourne. It connects to the National Electricity Market (NEM) through an overhead transmission line at the Terang Terminal Station.
Canadian Solar subsidiary e-STORAGE was selected to supply the BESS in 2024, using its SolBank 3.0 technology, a lithium iron phosphate (LFP) battery system with a multi-level fire detection, alarm and extinguishing system.
Financial close on the project was confirmed in August 2024, supported by an AU$1.2 billion (US$780 million) refinancing facility across FRV Australia’s solar portfolio, with 11 financial institutions participating, including ING Bank, Westpac, MUFG Bank and the Clean Energy Finance Corporation.
Battery storage system integrator and clean energy software provider Fluence was contracted to supply its Mosaic software for the project in 2025. Fluence describes Mosaic as the most widely adopted bidding optimisation software on the NEM, and the platform is also used at Akaysha Energy’s 850MW/1,680MWh Waratah Super Battery in New South Wales, which was completed earlier this month.
The Terang BESS features grid-forming inverter technology, supported by AU$7 million in funding awarded under round two of the Victorian government’s Energy Innovation Fund (EIF).
Grid-forming equipped battery storage systems can mimic the behaviour of synchronous generators, providing system strength as coal and gas plants retire.
AEMO made grid-forming BESS an investment priority for 2026 across both the NEM and Western Australia’s South West Interconnected System (SWIS).
FRV Australia first reported grid connection for the project in December 2025, at which point the facility entered the commissioning phase. That milestone coincided with AGL Energy breaking ground on its 500MW/2,000MWh Tomago Battery Project in New South Wales, an AU$800 million development that also uses Fluence’s Gridstack Pro technology and targets operations in the second half of 2027.
Construction of Terang supported local jobs and suppliers, as well as community initiatives with the Australian Indigenous Education Foundation and the Terang Mortlake Netball Club, according to FRV Australia.
The company had previously estimated the project would generate up to 150 jobs during construction and three to four permanent operational roles.
Terang is the first of a growing battery storage portfolio for FRV Australia. The company’s 250MW/500MWh Gnarwarre BESS is now under construction in Victoria, with completion targeted by the end of 2027.
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