Investor Lyon Group partners with China Huadian to scale up push into Asia

LinkedIn
Twitter
Reddit
Facebook
Email
Lyon Group has already been prolific in bringing renewables-plus-storage to market in Australia. Image: Lyon Group

Australian renewables investor Lyon Group has penned an agreement with China Huadian Corporation which will see the duo co-develop and invest in power-plus-battery energy storage systems across Australia, China and other Asian markets.

The deal will see the two companies focus on specific battery storage retrofit opportunities in China and two other, as-yet-unnamed Asian markets.

This article requires Premium SubscriptionBasic (FREE) Subscription

Enjoy 12 months of exclusive analysis

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Annual digital subscription to the PV Tech Power journal
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

Furthermore, it will expand on China Huadian’s bid to co-develop, purchase, finance and constructed integrated solar-plus-storage projects throughout Australia belonging to Lyon, with China Huadian acting as the lead EPC contractor.

New additions to the partnership include the integration of long-duration battery storage into both new and existing China Huadian projects in China and other Asian markets, as well as the development and acquisition of new and existing renewable power projects, including solar.

The deal will expand on existing arrangements both companies have with Japanese utility JERA. Lyon announced a joint-venture with JERA and energy storage specialist Fluence earlier this year, specifically targeting the Asia-Pacific region.

David Green, chair at Lyon, said that both China Huadian and JERA had turned to Lyon as a result of understanding that just continuing to deploy more “inflexible” renewable generation was “destabilising” and “not commercially sustainable”.

“China Huadian has big plans for solar and wind development but the significant curtailment and grid disturbance they have experienced to date shows that the volume of renewables they want to build will deliver greater benefit, both technically and commercially, with integrated storage.”

“Lyon’s integration of long-duration battery storage with power generation creates flexible, stable power stations that deliver predictable, dispatchable clean power. This reduces investment risk,” he said.

Lyon has been prolific in bringing solar and storage projects to market in its native Australia, and in November 2017 sold off nearly 800MWh of storage and 545MW of solar PV capacity, the proceeds from which were due to help pursue a new development pipeline.

This article first appeared on our sister site, PV Tech. 

Read Next

July 9, 2025
Neoen Australia has increased the size of the BESS co-located at the 440MWp Culcairn solar PV power plant in New South Wales.
July 9, 2025
Australian renewables developer Edify Energy has submitted plans for a 2,400MWh solar-plus-storage project to Australia’s Environment Protection and Biodiversity Conservation (EPBC) Act.
Premium
July 8, 2025
ESN Premium speaks with Sahand Karimi, co-founder and CEO of Australian AI-driven energy management company OptiGrid, on the new FPP reform.
Premium
July 8, 2025
Listing via the Hong Kong Stock Exchange is emerging as a key financing pathway for China’s energy storage players, writes Carrie Xiao.
July 8, 2025
Major Australian energy generator-retailer EnergyAustralia has sold a 50% share in its 1,400MWh Wooreen battery energy storage system (BESS) to Thailand-based energy firm Banpu Public Company.

Most Popular

Email Newsletter