Private investor plans 28MW / 56MWh battery project in Hunter, New South Wales

December 24, 2020
LinkedIn
Twitter
Reddit
Facebook
Email
JV partner Edify retrofitted a battery storage system using Tesla Powerpacks at Gannawarra solar farm in Victoria, and Precinct Capital said that this rare experience of building a large-scale battery project in Australia was a key aspect in the decision to work together. Image: Australian Renewable Energy Agency (ARENA).

A Sydney-headquartered private investment firm and renewable energy and storage developer have lodged a development application to build a large-scale battery energy storage system in Newcastle, in the Hunter region of New South Wales in Australia.

Investment company Precinct Capital formed a joint venture (JV) with Edify Energy partly due to the latter’s experience of having built a 25MW / 50MWh battery storage system at the 60MW Gannawarra solar farm in the state of Victoria a couple of years ago with solar developer Wirsol. A recent report into that project showed that it has met or exceeded performance expectations both technically and economically since it went into operation.

Precinct had identified a need for battery storage in Newcastle, to help balance the local electricity grid and maintain reliability while accommodating growing shares of renewable energy. The pair have lodged their application with Newcastle City Council for a 28MW / 56MWh battery energy storage project to be built on a 1.5 acre site in the Steel River Estate, an industrial precinct in which Precinct Capital owns land.

Construction on the battery project could be completed within six to eight months if approved, creating 20 to 30 direct jobs. The coastal City of Newcastle has in place a Climate Action Plan which includes going to 100% renewable energy within five years.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

“This a world class large-scale battery storage investment in the Newcastle area, and a first-of-its-kind project for the region, creating a blueprint for additional investments and local innovation,” Newcastle’s Lord Mayor Nuatali Nelmes said.

“This joint project provides benefits to the local area and wider community, including alignment with City of Newcastle’s objectives as outlined in the Climate Action Plan (CAP) through firming renewable energy supply, along with building resilience in the local Newcastle electricity network through a megawatt scale battery storage.”

17 March 2026
Sydney, Australia
As we move into 2026, Australia is seeing real movement in emerging as a global ‘green’ superpower, with energy storage at the heart of this. This Summit will explore in-depth the ‘exponential growth of a unique market’, providing a meeting place for investors and developers’ appetite to do business. The second edition will shine a greater spotlight on behind-the-meter developments, with the distribution network being responsible for a large capacity of total energy storage in Australia. Understanding connection issues, the urgency of transitioning to net zero, optimal financial structures, and the industry developments in 2026 and beyond.

Read Next

February 10, 2026
Carrie Xiao examines some notable recent partnerships and supply agreements for Chinese energy storage players in the Middle East, Europe, Africa and Australia.
February 10, 2026
Energy infrastructure platform Revera Energy has completed an expanded US$150 million credit facility to accelerate development and construction of its battery storage, solar, and green hydrogen project pipeline across Australia and the UK.
February 10, 2026
The Victoria government has approved two large-scale battery energy storage system (BESS) projects totalling 700MW through its Development Facilitation Program (DFP).
February 9, 2026
Global investment firm KKR has announced a strategic partnership with HMC Capital, committing up to AU$603 million (US$423 million) to HMC’s Energy Transition Platform as Australia accelerates its renewable energy deployment and grid modernisation efforts.
February 9, 2026
State-owned energy company Synergy has completed the 500MW/2,400MWh Collie Battery Energy Storage System (CBESS) in Western Australia, establishing Collie as home to Australia’s largest operational battery energy storage system (BESS).