ACE Power
ACE Power is an Australian renewable energy developer founded in 2021 that develops utility-scale wind, solar, and battery energy storage projects from greenfield to ready-to-build, then sells or partners them with utilities, energy companies, and strategic investors. It was acquired by TagEnergy in August 2025.
- Company typePrivate
- Founded2021
- HeadquartersManly Vale, Australia
- Headcount11–50
- GTM typeB2B
- OfferingServices
What ACE Power does
ACE Power is an Australian renewable energy project developer that identifies, develops, and monetizes utility-scale wind, solar, and battery energy storage system (BESS) projects from greenfield through to ready-to-build stage. Founded in 2021 by Andy Scullion and headquartered in Manly Vale, NSW, the company built a development pipeline exceeding 10GW across New South Wales, Queensland, Victoria, South Australia, and Western Australia, with 1.6GW+ of projects already operational in Australia. Its technical differentiation lies in early-mover expertise in grid-forming inverter technology, including multiple AEMO 5.3.4A&B approvals for BESS to operate in grid-forming mode (Kerang 103MW and Yabulu 200MW), as well as EPBC Act determinations for very large-scale battery projects such as Nebo (900MW/3600MWh) and Raglan (500MW/2000MWh).
ACE Power's revenue model is primarily one-time project development and sale: it secures land tenure, planning and environmental approvals, and grid connections, then sells completed assets to operators such as Banpu Energy Australia (which acquired the Kerang BESS) or partners on joint development with strategic investors such as Osaka Gas Energy Oceania under Project Genesis (500MW+ in NSW/QLD). Secondary revenue comes from professional services through joint development agreements and co-development structures. Pricing is not publicly disclosed because transactions are negotiated bilaterally with utilities, energy companies, and infrastructure investors rather than through listed pricing.
In August 2025, ACE Power was acquired by TagEnergy, adding 6GW of projects to create a combined 10GW+ Australian pipeline that includes the largest onshore wind project underway in the Southern Hemisphere (Victoria's Golden Plains Wind Farm). Founder Andy Scullion transitioned to lead TagEnergy's Australian development function, bringing the 27-member ACE Power development team into the parent organization. Prior to the acquisition, ACE Power was majority-owned by Pelion Green Future (80%) with the remainder held by minority stakeholders.
ACE Power firmographics
Firmographics- Name
- ACE Power
- Legal name
- ACE Power Operations Pty Ltd
- Website
- https://acepower.com.au
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- ACE Power is an Australian renewable energy developer founded in 2021 that develops utility-scale wind, solar, and battery energy storage projects from greenfield to ready-to-build, then sells or partners them with utilities, energy companies, and strategic investors. It was acquired by TagEnergy in August 2025.
- Ownership category
- akta.pro rank
ACE Power industry classification
Industry- Product category
- Renewable Energy Project Development
- NAICS
- Electric Power Generation (22111), Solar Electric Power Generation (221114), Wind Electric Power Generation (221115)
- SIC
- Electric Services (4911)
- akta.pro primary industry
- Development Management & Owner’s Engineering (Design Basis, Yield, Technical Due Diligence) (EUAMAAAG)
- akta.pro secondary industries
- Utility-Scale BESS Project Development & Ownership (IPP/Developer) (EUAFAAAA), Permitting, Environmental & Stakeholder Engagement (EIA/ESIA, Community Relations) (EUAMAAAB)
Keywords
Where ACE Power is headquartered
LocationHeadquarters
- HQ city
- Manly Vale
- HQ country
- Australia
- HQ region
- Oceania
Offices1 record
Markets served
ACE Power business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Others
Revenue model
- Project Development and Sale: ACE Power develops renewable energy projects from greenfield through to 'ready-to-build' stage, then sells completed projects to operators. Examples include the sale of Kerang BESS (103 MW / 206 MWh) to Banpu Energy Australia and Yabulu Solar & BESS projects to various buyers.
- Joint Development Partnerships: Partnerships with companies like Osaka Gas Energy Oceania for joint development of utility-scale solar and battery projects, with capacity over 500MW in NSW and Queensland.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
ACE Power product offering
Product offeringCore offering
ACE Power is an Australian renewable energy project developer that identifies, develops, and brings to ready-to-build stage utility-scale wind farms, solar farms, and Battery Energy Storage Systems (BESS), including grid-forming battery projects. The company secures projects through landowner partnerships, government engagement, and direct relationships with energy networks and utilities, then either sells completed projects to operators or partners with strategic investors for joint development.
Product overview
ACE Power is an Australian renewable energy developer that operates as a project development company rather than a software platform. The company develops a portfolio of utility-scale renewable energy projects across Australia including onshore wind farms, solar farms, and battery energy storage systems (BESS). Projects range from stand-alone wind farms (200-1040 MW), solar farms (100-200 MW), and battery storage (103-900 MW capacity), to hybrid co-located projects combining solar with battery storage. The company has been acquired by TagEnergy and maintains a development pipeline exceeding 10 GW across NSW, Queensland, Victoria, South Australia, and Western Australia.
Differentiator
Problem solved
Functional benefit
Products and services
- Hillview Energy Hub A co-located renewable energy hub comprising 250-300 MW solar, 200-300 MW wind, and 1,000 MW / 8,000 MWh battery storage, located in the New England Renewable Energy Zone of NSW. Developed by ACE Power for utilities and energy companies seeking large-scale combined generation and storage.
- Burroway Wind Farm A wind farm of up to 400 MW with co-located 100 MW / 400 MWh battery storage, located approximately 25 km north-west of Dubbo in regional NSW. Developed by ACE Power for sale to utilities and energy operators.
- Pa rooga Wind Farm A proposed wind farm and BESS of 800-1,040 MW capacity located on private land south of Prairie in North Queensland, connecting to the CopperString transmission network. Developed by ACE Power for utilities and energy operators.
- Barcaldine Wind Farm A proposed 500 MW wind farm located off the Capricorn Highway in central west Queensland. Developed by ACE Power for utilities and energy operators.
- Midlands Wind Farm A proposed 500 MW wind farm located north-east of Perth in the Wheatbelt region of Western Australia, connecting to the Moora substation. Developed by ACE Power for utilities and energy operators.
- Hill River Wind Farm A proposed 216 MW wind farm located north of Perth in the Wheatbelt region of Western Australia. Developed by ACE Power for utilities and energy operators.
- Julia Creek Wind Farm A proposed 450 MW wind farm located west of Julia Creek in outback Queensland, connecting to the proposed 330 kV CopperString transmission line. Developed by ACE Power for utilities and energy operators.
- Stokes Wind Farm A proposed 280 MW wind farm located on the Eyre Peninsula in regional South Australia. Developed by ACE Power for utilities and energy operators.
- Kerang BESS A 103 MW / 206 MWh 2-hour grid-forming Battery Energy Storage System located adjacent to the Kerang Terminal Station in Victoria. Developed by ACE Power and sold to Banpu Energy Australia to provide reliable power and grid stability in Victoria.
- Kerang Solar & BESS Hybrid A 161 MW DC solar farm with a 55 MW / 110 MWh 2-hour battery storage system located in northern regional Victoria, utilizing SMA inverters and the SMA Hycon controller. Developed by ACE Power for utilities and energy companies.
- Burdekin BESS & Solar Farm A 140 MW DC solar farm and 500 MW BESS with up to 4 hours of storage located approximately 12 km south-west of Clare in regional Queensland. Developed by ACE Power for utilities and energy companies.
- Forbes Solar Farm & BESS Hybrid A 141 MW DC solar farm and 120 MW BESS with up to 8 hours of storage located approximately 10 km north of Forbes in regional NSW. Developed by ACE Power for utilities and energy companies.
- Narrabri Solar & BESS Hybrid A 140 MW DC solar farm and 100 MW BESS with up to 8 hours of storage located approximately 11 km north-east of Narrabri in regional NSW. Developed by ACE Power for utilities and energy companies.
- Yabulu Solar Farm A proposed 101 MW DC solar farm located on private land adjacent to the Yabulu South Terminal Station west of Townsville, Queensland. Developed by ACE Power for utilities and energy companies.
- Yabulu BESS A proposed 200 MW / 400 MWh 2-hour grid-forming Battery Energy Storage System located adjacent to the Yabulu South Terminal Station west of Townsville, Queensland. Among the earliest grid-forming BESS approvals nationwide.
- Narrogin Solar Farm & BESS A 200 MW DC solar farm with co-located 200 MW / 800 MWh battery storage located south of Narrogin in regional Western Australia. Developed by ACE Power for utilities and energy companies.
- Nebo BESS A proposed 900 MW / 3,600 MWh 4-hour Battery Energy Storage System located adjacent to Powerlink's 275 kV Nebo substation, 7 km north of Nebo township in Queensland. Developed by ACE Power as one of the largest BESS projects in Australia.
- Raglan BESS A proposed 500 MW / 2,000 MWh 4-hour Battery Energy Storage System located adjacent to Powerlink's 275 kV substation near Gladstone in central Queensland. Developed by ACE Power for utilities and energy companies.
- Morwell Battery A proposed 620 MW / 2,480 MWh 4-hour Battery Energy Storage System located in Victoria's Latrobe Valley, connecting to the 500 kV Hazelwood Terminal Station. Developed by ACE Power for utilities and energy companies.
- Talbingo Battery A proposed 450 MW / 1,800 MWh 4-hour battery located adjacent to Transgrid's 330 kV Lower Tumut Switching Station in NSW. Developed by ACE Power for utilities and energy companies.
- Big Hill Battery A proposed 400 MW / 1,600 MWh 4-hour Battery Energy Storage System located north-east of Goulburn in regional NSW. Developed by ACE Power for utilities and energy companies.
- Paterson Battery A proposed 150 MW Battery Energy Storage System located on private land east of Western Power's 132 kV Pinjarra substation in regional Western Australia. Developed by ACE Power for utilities and energy companies.
- Kincraig Battery A proposed 150 MW Battery Energy Storage System located adjacent to the ElectraNet 132 kV Kincraig substation in regional South Australia. Developed by ACE Power for utilities and energy companies.
- Townsville Battery A proposed 200 MW Battery Energy Storage System with 4 hours of storage located outside Townsville, Queensland. Developed by ACE Power for utilities and energy companies.
Companies that use ACE Power
Customer profileNamed customers2 records
Segments3 records
Ideal customer profiles3 records
ACE Power technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
ACE Power partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- Banpu Energy AustraliacoreBanpu Energy Australia purchased ACE Power's 103 MW / 206 MWh grid-forming Kerang BESS project in Victoria. ACE Power developed the project from greenfield to 'ready-to-build' stage, including securing land tenure, planning and grid approvals, and negotiating construction contracts.
- Osaka Gas Energy OceaniacoreACE Power partnered with Osaka Gas Energy Oceania (OGEO) in October 2023 to jointly develop utility-scale solar and battery projects exceeding 500MW in NSW and Queensland, known as Project Genesis. This marked OGEO's first utility-scale renewable investment in Australia since 2009, aligned with their Carbon Neutral Vision.
Scale indicators4 records
Recent moves7 records
Expansion highlights6 records
ACE Power competitors and assessment
Company assessmentMarket position
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
ACE Power social profiles
Digital presenceACE Power financial estimates
Financial estimateRevenue estimate
Valuation estimate
ACE Power leadership team
Management profileNumber of profiles
Profiles27 records
ACE Power funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
ACE Power M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about ACE Power
What does ACE Power do?
ACE Power is an Australian renewable energy project developer that identifies, develops, and brings to ready-to-build stage utility-scale wind farms, solar farms, and Battery Energy Storage Systems (BESS), including grid-forming battery projects. The company secures projects through landowner partnerships, government engagement, and direct relationships with energy networks and utilities, then either sells completed projects to operators or partners with strategic investors for joint development.
Is ACE Power a public or private company?
ACE Power is a private company. It is classified as corporate owned and is currently operating.
When was ACE Power founded?
ACE Power was founded in 2021. It employs 11 to 50 people.
Where is ACE Power based?
ACE Power is headquartered in Manly Vale, Australia, in the Oceania region.
How does ACE Power make money?
Two revenue lines are on record. Project Development and Sale is the primary driver. The others are joint Development Partnerships.
Does ACE Power have an API?
No public API is recorded for ACE Power.
What industry is ACE Power in?
ACE Power's product category is Renewable Energy Project Development. Its primary akta.pro industry code is EUAMAAAG, Development Management & Owner’s Engineering (Design Basis, Yield, Technical Due Diligence), with a secondary code of EUAFAAAA, Utility-Scale BESS Project Development & Ownership (IPP/Developer). Its NAICS code is 22111 and its SIC code is 4911.