On March 17, 2026, Narada Power announced another breakthrough in its overseas energy storage market by successfully signing a 117MWh energy storage project in the Northern Territory of Australia, further consolidating the company’s position in Australia’s energy storage market.
As the northernmost administrative region of Australia, the Northern Territory boasts abundant renewable energy resources but relatively weak power grid infrastructure. Along with the expansion of new energy installed capacity, the demand for dispatchable energy storage capacity has become increasingly urgent.
Upon completion, the project will provide diversified services to the local power grid, including peak shaving, frequency regulation, emergency power supply and load balancing. It will help improve the local capacity for renewable energy consumption and address the shortage of power supply stability in the grid.
The project will adopt Narada Power’s self-developed Center L Plus 5MWh liquid-cooled energy storage system, a core product in the company’s energy storage portfolio, which has been successfully applied and verified in multiple large-scale energy storage projects worldwide. Adopting the "3+4+5" safety design philosophy, the system establishes a full life cycle safety guarantee from the cell to the application end, making it perfectly suitable for the application scenarios in the Northern Territory.
From an industry perspective, Australia is at a critical stage of energy transition. The accelerated phase-out of coal-fired power and the upgrading of grid standards have driven the rigid release of demand for new energy storage.
According to estimates, Australia’s power grid will face a peak shaving gap of 3.2GW in 2026 due to coal-fired power retirement, 80% of which needs to be filled by new energy storage.
