Yadlamalka Energy

What Yadlamalka Energy does

Yadlamalka Energy is an Australian grid-scale energy storage project developer headquartered in Port Pirie, South Australia. The company was founded in 2020 by Andrew Doman (former McKinsey Senior Director) and has between 11 and 50 employees. Its single operating asset, the Spencer Energy Project, combines a 2MW/8MWh vanadium flow battery (VFB) supplied by Invinity Energy Systems with a co-located 6MWp DC-coupled solar photovoltaic array, connected to the National Electricity Market (NEM) via the Bungama Sub-Station. The facility is engineered for medium-duration energy storage of four hours or more, leveraging vanadium's four oxidation states to store energy in non-flammable liquid electrolyte tanks that can be fully discharged daily without degradation over an expected 25+ year operational life.

Yadlamalka monetizes the asset through three principal streams: (1) wholesale energy arbitrage in Australia's pay-as-clear market by charging at midday solar price troughs and discharging into evening and morning price peaks that are amplified by South Australia's high renewable penetration and the retirement of thermal coal; (2) Frequency Control Ancillary Services (FCAS) revenue from AEMO for grid stabilization; and (3) a AUD $5.7 million grant from ARENA under the Advancing Renewables Program, which partially funded the ~$22 million total project cost. Dispatch optimization is performed by partner Habitat Energy using its proprietary machine-learning platform, which forecasts intraday electricity prices on a rolling 24-hour, 5-minute auction basis using weather and supply variables.

The company operates in a single geography (South Australia) with a single revenue-generating asset, supported by a tightly integrated partner stack: Invinity (battery technology), Habitat Energy (AI optimization), SwitchCo (project management), Next Generation Electrical (EPC), the University of Adelaide (knowledge dissemination), and ARENA (government funding). Its target customer base is effectively the National Electricity Market and AEMO as a regulated wholesale buyer, with no disclosed offtake agreements or contracted corporate buyers.

Name

Yadlamalka Energy

Legal name

Yadlamalka Energy Pty Ltd

Website

https://yadlamalkaenergy.com

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Grid-Scale Energy Storage

NAICS

Electric Power Generation (22111), Solar Electric Power Generation (221114), Electric Power Generation, Transmission and Distribution (2211)

SIC

Electric & Other Services Combined (4931)

akta.pro primary industry

Utility-Scale BESS Project Development & Ownership (IPP/Developer) (EUAFAAAA)

akta.pro secondary industries

Renewables + Storage Hybrid Plant Controller & Co-Optimization (Solar/Wind + BESS) (EUAFAKAF), Energy Storage & Microgrid Electrical Infrastructure (BESS, Controls) (IMAFAHAE), Substations, Transformers & Grid Step-Up Facilities (EHV Substations, GSU Transformers) (EUAMAFAE)

Keywords

• Grid-scale energy storage
• Vanadium flow batteries
• Medium-duration storage
• Solar battery storage
• Utility battery projects

Headquarters

HQ city

Port Pirie

HQ country

Australia

HQ region

Oceania

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Technology or R&D, Operations, Supply Chain, Marketing or Sales, Personnel

Revenue model

1. Wholesale Energy Market Arbitrage: The Spencer Energy Project participates in Australia's pay-as-clear wholesale energy market. The vanadium flow battery charges during lowest energy price periods (midday when solar generation is high and prices are low) and discharges during peak price periods (mornings and evenings when demand is high and solar is unavailable). This energy time-shifting exploits intraday wholesale price volatility to generate revenue.
2. Frequency Control Ancillary Services (FCAS): The project participates in the FCAS market which helps maintain stability of the electricity system. The vanadium flow battery provides frequency control and grid stabilization services, generating additional revenue streams during significant stability events.
3. Government Grants and Funding: ARENA (Australian Renewable Energy Agency) provided AUD $5.7 million in funding as part of ARENA's Advancing Renewables Program to support project development and construction.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Yadlamalka Energy is a project developer that builds and operates grid-scale energy storage assets, with its flagship Spencer Energy Project in Port Pirie, South Australia combining a 2MW/8MWh vanadium flow battery (VFB) with a co-located 6MWp DC-coupled solar PV array. The company sells electricity and Frequency Control Ancillary Services (FCAS) directly into the National Electricity Market (NEM), arbitraging intraday price volatility and providing grid stabilization services.

Product overview

Yadlamalka Energy is a grid-scale battery storage developer operating as a single unified offering. The company's product consists of the Spencer Energy Project - a co-located vanadium flow battery (2MW/8MWh) and solar PV farm (6MWp) facility in Port Pirie, South Australia. The vanadium flow battery technology, supplied by Invinity Energy Systems, enables medium-duration energy storage (4+ hours) for time-shifting solar generation and providing grid stabilization services. The system is optimized using Habitat Energy's proprietary platform for energy trading and price forecasting.

Differentiator

Problem solved

Functional benefit

Products and services

• Spencer Energy Project Grid-scale battery storage facility combining a 2MW/8MWh vanadium flow battery (VFB) with a co-located 6MWp DC-coupled solar PV array, located near Bungama Sub-Station, Port Pirie, South Australia. The project provides energy time-shifting, arbitrages intraday price differentials in South Australia's electricity market, and participates in the FCAS market. The vanadium flow battery is supplied by Invinity Energy Systems and dispatch is optimized by Habitat Energy's proprietary AI platform.

Quantifiable outcome

• Spencer Energy Project produces approximately 10 GWh of dispatchable solar power annually
• +4 more outcomes

Named customers2 records

Segments2 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability1 record

Feature7 records

Partnerships

Five partnerships are on record, tiered core, major and supporting.

• Invinity Energy SystemscoreTechnology or IntegrationGlobal market leader in energy storage and manufacturer of vanadium flow batteries with 20+ years experience. Based in Canada and the UK, Invinity supplies the vanadium flow battery for the Spencer Energy Project and brings significant technical expertise, manufacturing capability, and business modelling to the Yadlamalka Energy project.
• Habitat EnergycoreTechnology or IntegrationUK and Australian specialist in energy trading optimisation for grid scale energy storage projects. Habitat Energy employs their proprietary optimisation platform with sophisticated energy price forecasting based on weather forecasting and machine learning models to predict electricity prices and optimise dispatch of power from the solar PV farm and vanadium flow battery to maximise energy revenues.
• SwitchComajorImplementation/ SI/ Consulting PartnerSpecialist renewable energy project managers based in Victoria, Australia. SwitchCo provides project management services for the Spencer Energy Project, overseeing construction and commissioning phases.
• Next Generation ElectricalmajorImplementation/ SI/ Consulting PartnerEngineering, Procurement and Construction (EPC) providers with a focus on delivering renewable energy solutions including solar farms, commercial rooftop solar and microgrids. NGE is responsible for constructing the solar farm and battery installation.
• University of AdelaidesupportingStrategic or Co-development PartnerKnowledge sharing partner contributing to the publication of reports on the performance of vanadium flow batteries with the aim to encourage wider adoption of the technology. Partners with ARENA and project partners to share knowledge about grid-scale vanadium flow battery performance.

Scale indicators8 records

Recent moves6 records

Expansion highlights4 records

Market position

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Yadlamalka Energy