Energy Vault acquires 1GWh BESS in New South Wales, Australia
Energy storage developer Energy Vault is set to fully acquire the 125MW/1GWh Stoney Creek battery energy storage system (BESS) in New South Wales, Australia, from Enervest Group.

Amora Hotel Jamison, Sydney, Australia
Energy storage developer Energy Vault is set to fully acquire the 125MW/1GWh Stoney Creek battery energy storage system (BESS) in New South Wales, Australia, from Enervest Group.
Battery storage can turn record-high instances of negative spot pricing in Australia’s National Electricity Market (NEM) into investment opportunities.
Rio Tinto has penned an offtake agreement to secure 2.1GWh of BESS capacity from an Edify Energy-owned asset in Queensland, Australia.
Rio Tinto has inked deals with Edify Energy to secure power and BESS capacity to decarbonise its aluminium operations in Queensland.
Ark Energy has penned a battery supply agreement with Hanwha Energy for a 275MW/2,200MWh BESS in northern New South Wales, Australia.
AGL Energy has submitted a 3,200MWh PHES project in New South Wales to the Australian government’s EPBC Act.
Over 6GW of energy storage capacity has been included within the Australian government’s inaugural National Renewable Energy Priority List.
South Australian electricity distributor SA Power Networks is set to develop a portfolio of community batteries to help support distributed energy resources and electric vehicle (EV) charging capabilities.
Neoen’s Australia-based energy storage assets have helped boost the company’s 2024 storage revenue by 66% year-on-year.
Metlen Energy and Metals has submitted a 4.8GWh BESS for approval under the Australian government’s EPBC Act.