The Stoney Creek Battery Energy Storage System (BESS) marks a key milestone in Enervest's strategy to enhance grid reliability and support New South Wales' growing renewable energy capacity. The system will provide flexible, grid-scale energy storage to improve renewable energy efficiency and stabilize the state's power grid, reducing its carbon footprint.
Energy Vault will act as the turnkey partner for the project, offering engineering, procurement, construction, and long-term maintenance services. The BESS will utilize Energy Vault's X-Vault integration platform, B-VAULT product, and Vault-OS Energy Management System.
“Energy Vault's leading integrated hardware and software solution coupled with their deep technology and system design expertise makes Energy Vault an ideal partner for the Stony Creek BESS” said Ross Warby, Chief Executive Officer of Enervest. “We value strong partnerships such as the one we have with Energy Vault and consider such collaborations as cornerstone to accelerated, quality project development. “We look forward to consolidating further partnerships with other key stakeholders including the Narrabri local and indigenous community, and the successful delivery of the project.”
The announcement demonstrates the continued expansion of Energy Vault's growing footprint in the Australian market, which follows recently announced projects already under execution in New South Wales for 400 MWh which will be delivered in 2025, highlighting Energy Vault's B-VAULT portfolio which consists of more than 2 GWh in total projects either deployed or currently in development.
“We continue to expand and convert on our growing, multi-GWh funnel of energy storage projects in Australia and look forward to building the partnership with Ross and his team at Enervest” added Robert Piconi, Chairman of the Board and Chief Executive Officer of Energy Vault. “With Enervest, we share a focus on large scale and financially attractive projects to enhance grid resilience, and the Stoney Creek project is another example of executing to the growth plans that we have outlined for 2025 and beyond.”
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