Axedale Solar Farm

BESS · UPC Renewables Australia · Storage - Battery

Dispatch stats Financials
Development AEMO: Publicly Announced Other - Other NEM data · 24 hours
140/100 MW
Researched capacity / storage
Est. SRMC
$1.50/MWh
Key information
Capacity (AI)
140 MW / 100 MWh

FRV Australia press release (2025) states the Axedale project will comprise a 140 MWac solar farm and a 50 MW / 100 MWh battery storage system.

AEMO status Publicly Announced
Project status Development (AI)

Axedale Solar Farm project website (news page) says FRV hopes to commence construction in 2027, indicating pre-construction/development phase.

Coordinates —

DUID —
Owner UPC Renewables Australia
Commissioned —
Expected closure —
Closure date —
Technology Storage - Battery
Fuel Other - Other
Battery OEM Unknown
Battery platform / chemistry Battery BESS, lithium-ion (likely LFP)
Inverter OEM Unknown
Inverter / PCS model Unknown PCS/inverter model
Equipment confidence medium
Stats window
13 Jun 2026 02:20 → 14 Jun 2026 02:20 AEST

Dispatch & revenue

13 Jun 2026 02:20 → 14 Jun 2026 02:20 AEST

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Financial overview

2026 real AUD. Monetary values are CPI-adjusted to 2026 real Australian dollars. Greenfield capex uses AEMO benchmarks when plant-specific cost is unknown.
Type
Battery (BESS)
Capacity
140 MW / 100 MWh
Revenue (× MLF) (stats)
See dispatch stats link above
Est. SRMC
$1.50/MWh
Capex total (greenfield)
$36.92M

Shown in table
$36.92M (2026 real AUD)

Reported / source value
$35.00M (2024 nominal)
Adjusted to 2026 real AUD using Australian CPI (All Groups).
Capex refurbishment
—
Capex / MWh storage derived
$369,198

Shown in table
$369.2k (2026 real AUD)

Reported / source value
$350.0k (2024 nominal)
Adjusted to 2026 real AUD using Australian CPI (All Groups).
Fixed OPEX (annual)
$1.89M

Shown in table
$1.89M (2026 real AUD)

Reported / source value
$1.80M (2024 nominal)
Table total may differ if recalculated from $/MW × registered capacity after CPI adjustment.

How this was derived
Annual fixed O&M estimated from 140 MW × 12,800 AUD/MW-yr.

Reference
2024 Energy Technology Cost and Technical Parameter Review (medium confidence)
Source recorded 05 Jun 2026
Fixed OPEX / MW-yr
$13,502

Shown in table
$13.5k (2026 real AUD)

Reported / source value
$12.8k (2024 nominal)
Adjusted to 2026 real AUD using Australian CPI (All Groups).

How this was derived
AEMO/Aurecon battery storage benchmark table includes fixed O&M values and indicates no variable O&M for BESS; 12,800 AUD/MW-yr was used as a conservative benchmark value.

Reference
2024 Energy Technology Cost and Technical Parameter Review (medium confidence)
Source recorded 05 Jun 2026
Variable OPEX / MWh default
$1.50

Shown in table
$1.50 (2026 real AUD)

How this was derived
AEMO/Aurecon does not specify a separate variable O&M for BESS.

Reference
2024 Energy Technology Cost and Technical Parameter Review (high confidence)
Source recorded 05 Jun 2026
Fuel cost / GJ
—
Heat rate GJ/MWh
—

Confidence: medium · Status: ai estimated · Capex basis: default · AI checked 05 Jun 2026

Notes
No plant-specific greenfield capex announcement was found in the searched sources. Public project materials identify Axedale as a 140 MW solar farm with a 50 MW/100 MWh BESS, but no total project investment figure was located. OPEX defaults therefore use AEMO/Aurecon 2024 battery storage benchmark values for fixed O&M and no variable O&M for BESS. The site webpage and fact sheet describe FRV as the current owner/developer, indicating ownership has changed from earlier UPC/AC Renewables references.

Sources