The NSW Energy Security Corporation has deployed its first investment, committing AU$100 million to a large-scale battery storage platform.

State green back invests in four new big battery projects to be built in quick time by an offshoot of the local network company, in time for anticipated coal closures.

Battery storage projects in Homebush and Newcastle will receive $100 million, the first investment made by the government’s Energy Security Corporation.

The NSW Energy Security Corporation has deployed its first investment, committing AU$100 million to a large-scale battery storage platform.

The New South Wales Energy Security Corporation (ESC) has pledged to invest AUD 100 million (USD 70.5m/EUR 60.9m) in a project that will roll out up to 1 GW of battery storage…