SAFT have said that they are now building the very first BESS in New Zealand. They want to do this in a way that improves the national grid security, and they also want to put a prime focus on renewable energy generation as well. At the end of the day, BESS are now in the very first stage of the project and this is going to include the general construction of energy in New Zealand. They are now working hard to try and make sure that the project meets all expectations, and they also have a contract which is going to help them acquire support for battery and power consumption. This is going to be installed and commissioned, alongside 20 years of operational services.

At the end of the day, this is scheduled to enter full use in the year 2024 and BESS is going to have a storage capacity of around 200MWh as well. This is going to be able to support local demand for 2 hours. If you look at SAFT then you will see that the asset is going to open up a lot of revenue streams for the company and they are going to make it easier to shift between price periods as well. They are going to reserve electricity for the market. Meridian have said that they expect BESS to deliver an annual revenue of around $35 million. The Meridian Energy Chief has said that he expects there to be a lot of increase in the years to come and that they also have a very bold vision overall. Only time will tell what the future holds but right now it is safe to say that things are looking very bright for the solar farm and the potential it has to offer.