Octopus Australia has started building the $300 million Fulham Solar Farm and Battery project in Victoria after securing financial close. The project includes an 80MW solar farm and a 128MWh battery system.
It is backed by key investors like Rest, CEFC, and Westpac Private Bank clients. The Victorian State Government has also supported the project through a power purchase agreement. Once complete, it will be one of the first DC-coupled solar and battery hybrid sites in Australia.
Fulham Solar Farm and Battery project factsheet
-
Location: Victoria, Australia
-
Solar capacity: 80 megawatts (MW)
-
Battery capacity: 128 megawatt-hours (MWh)
-
Project value: Over $300 million
-
Backers: Rest, CEFC, Westpac Private Bank clients
-
EPC contractor: GRS
-
Battery supplier: Wärtsilä
-
First of its kind: DC-coupled hybrid technology
-
Expected completion: 2027
READ ALSO: RWE Expands Solar Energy Portfolio With Two New Solar Projects in Greece
Boosting clean energy and local jobs in Gippsland
To mark the project launch, Octopus held a Sod Turning ceremony at the site, joined by Energy Minister Lily D’Ambrosio and key stakeholders. The hybrid system will help stabilise the local grid and support Victoria’s clean energy goals.
The Fulham project adds to Octopus Australia’s growing renewable energy portfolio, now worth over $11 billion across wind, solar, and battery storage assets. Octopus developed the project in-house and plans to move forward with the $850 million Blind Creek Solar Farm and the $800 million Blackstone Battery in 2025.
Construction will use local trades, apprentices, and materials. This ensures direct community benefits during the build. The project is also expected to create jobs in the Gippsland region and support Australia’s shift to low-emissions energy.
Industry leaders have praised the project. Sonia Teitel from Octopus called it a major step in Australia’s clean energy transition. Simon Esposito of Rest said the investment will benefit members and local communities. CEFC’s Monique Miller noted the importance of the battery’s ability to store solar power and feed it into the grid when needed.
