Australian hybrid solar-plus-storage project reaches financial close
Denmark-based developer European Energy has secured financial close for the Winton North 130 MW solar and 100 MW/220 MWh battery energy storage system (BESS) in Victoria, Australia.
Commerzbank AG (Singapore branch) and Société Générale provided financing for the hybrid renewable energy project, located about 250 km northeast of Melbourne, to support its construction and operations.
Amazon Web Services (AWS) holds a power purchase agreement (PPA) for the Winton North project’s solar generation and recently signed an additional PPA for the BESS. AWS will use the power to support its expanding data center infrastructure, cloud and AI capabilities.
The agreements are part of Amazon’s broader AUD 20 billion ($13.8 billion) commitment to expand its Australian cloud infrastructure and in April 2026 announced nine new renewable energy PPAs totaling 430 MW, including a new BESS installation to be added to the Mokoan solar power plant.
AWS Australia and New Zealand Head of Infrastructure Policy Matt O’Rourke said co-locating battery storage with solar generation means clean energy can be stored and dispatched when the grid needs it most.
“Helping strengthen reliability as Australia transitions to renewables … is another step in Amazon’s commitment to reaching net-zero carbon by 2040,” said O’Rourke.
Construction of Winton North has already begun and is expected to be completed in 2026.
European Energy has a global development pipeline of approximately 65 GW across wind, solar, Power-to-X, and battery storage systems, including roughly 10 GW of projects under development across Australia.
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