Last month Zenith Energy made two key announcements that have put a spotlight on our growth ambitions while also highlighting our ability to make strategic decisions to position our company at the forefront of Australia’s energy transition.
We proudly confirmed the acquisition of Peel Renewable Energy as our first non-resources asset and announced Zenith as the recipient of a Letter of Award from Liontown Resources to Build, Own and Operate what is expected to become the largest remote off-grid renewable energy hybrid power station in the country.
Both announcements represent forward steps on our journey to Net Zero, highlighting our commitment to increasing the proportion of renewable generation in our portfolio and further assist our clients in their journey to decarbonise.
The Liontown Award will enable us to demonstrate our innovation, flexibility, and expertise in delivering low-carbon hybrid power solutions, while also once again raising the industry benchmark in renewable energy integration.
Furthermore, with the thermal components of the power station designed to operate in ‘engine off’ mode at various times, it’s another opportunity for Zenith to showcase the ability of renewables to deliver reliable, continuous supply, to power an entire mining operation.
This aligns with the acquisition of Peel Renewable Energy, which will also see Zenith take on responsibility for the Peel Renewable Microgrid, a vertically integrated generation, distribution, and retail business, supplying power to the Peel Business Park, south of Perth.
It will allow Zenith to leverage our knowledge of islanded generation infrastructure, capitalising on our expertise and skillset, while also providing future opportunities for growth and expansion.
Both projects will also allow Zenith to demonstrate that our innovative power solutions work in real world environments, providing confidence to the sector overall.
It’s a key step in making renewable technologies more available, as it’s only once the technology is proven to be able to be successfully integrated and effective – and able to support industrial loads while also maintaining security of supply – that we can increase demand and allow our technology partners to develop economies of scale.
It’s an exciting time for Zenith and it’s clear we’re embarking on our next chapter of growth as a business, allowing us to continue to play a lead role in the energy transition, while also providing like-minded partners with a glide path to Net Zero.
Read International Mining’s Liontown article here
Read The West Australian Liontown article here
Read Perth Now’s Peel article here
