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Energy Vault acquires land for BESS project
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Fusion42 · 4 September 2026 · Fusion42 review
Energy Vault has acquired the land for its 125 MW/1 GWh Stoney Creek battery energy storage system in New South Wales, Australia, after gaining FIRB approval. The project, supported by a 14-year energy service agreement, will begin construction in early 2027 and aims for commercial operations by mid-2028, enhancing grid reliability and renewable integration.
This Wire brief sits within Fusion42's coverage of Clean Energy.
◆ ◆ The Wire takeaway
You now control a key Australian energy storage site with long-term revenue secured. Prepare your supply and service chains for rapid project scale-up starting early next year.
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1 source · 4 Sep 2026
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