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Australia's Energy Security Corporation's debut investment backs 650MW Ausgrid battery storage platform

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

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smh.com.au1 mese fa

NSW’s $1 billion clean energy fund selects first investment projects

NSW government commits $100M from its $1B renewables fund to battery storage (500 MW target 2029), replacing retiring coal power stations. Public-sector infrastructure fills private gap in grid-scale storage; signals growing dependence on large-capacity batteries for grid stability during coal exit.

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Timeline cronologica

lunedì 15 giugno 2026·reneweconomy.com.au
State green bank backs four new big batteries in first investment to fill gaps from coal exit
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.
lunedì 15 giugno 2026·smh.com.au
NSW’s $1 billion clean energy fund selects first investment projects
Battery storage projects in Homebush and Newcastle will receive $100 million, the first investment made by the government’s Energy Security Corporation.

Australia's Energy Security Corporation's debut investment backs 650MW Ausgrid battery storage platform

Confronto fonti

NSW’s $1 billion clean energy fund selects first investment projects

Timeline cronologica

State green bank backs four new big batteries in first investment to fill gaps from coal exit

NSW’s $1 billion clean energy fund selects first investment projects

New South Wales govt to help fund buildout of up to 1 GW of batteries

State green bank backs four new big batteries in first investment to fill gaps from coal exit

Eku Energy submits two 1,200MWh battery storage projects to Australia's EPBC Act