Energy Vault Holdings, Inc. (NYSE: NRGV), a leader in sustainable grid-scale energy storage, has officially commenced construction on a 200 MW/2-hour battery energy storage system (BESS) at ACEN Australia’s New England Solar project. The milestone was celebrated with a welcome ceremony attended by representatives from Energy Vault, ACEN Australia, local elected officials, and Anaiwan First Nations leaders.
This construction marks the beginning of the first of two planned Energy Vault BESS deployments at the 720 MW New England Solar project, located near Uralla in New South Wales. Once operational, this battery storage system will be the largest of its kind in the New England Region, playing a critical role in providing renewable energy to the grid during peak consumption hours. The project will help reduce reliance on coal-fired power generation while supporting New South Wales’ transition to cleaner energy. Additionally, it is the first large-scale battery storage project supported by the NSW Government’s Emerging Energy Program.
The groundbreaking event included speeches from Energy Vault CEO Robert Piconi, ACEN Australia’s Tim Greenaway, and local Anaiwan First Nations representatives, who performed a traditional ceremony to commemorate the start of construction.
“This project represents a significant milestone for Energy Vault’s growing presence in Australia,” said Lucas Sadler, Vice President of Sales Asia at Energy Vault. “We’re excited to partner with ACEN Australia, the Anaiwan First Nations, and the local community to bring this renewable energy solution to life.”
Tim Greenaway, Head of Construction at ACEN Australia, added, “With the help of our partners, including Energy Vault and the Anaiwan First Nations, New England Solar is progressing toward becoming a vital source of clean power for the region.”
The battery storage systems, part of Energy Vault’s B-VAULT™ suite of integrated solutions, will feature advanced inverters capable of providing grid support functions such as voltage regulation, frequency ride-through, and reactive power control. This will be complemented by Energy Vault’s X-Vault integration platform and Vault-OS Energy Management System, ensuring optimal energy management.
The project is a key part of Energy Vault’s expanding footprint in the Australian market, which includes agreements with Enervest and the State Electricity Commission of Victoria. To date, Energy Vault’s B-VAULT portfolio in Australia includes 1.9 GWh across various projects.
Vault develops and deploys utility-scale energy storage solutions that transform the approach to sustainable energy storage. The company’s offerings include gravity-based, battery, and green hydrogen storage technologies, supported by a hardware-agnostic energy management system. These solutions help utilities and industrial users reduce energy costs while ensuring reliable power. It’s G-Vault™ technology advances the global transition to clean energy and a circular economy.
ACEN Australia is a subsidiary of ACEN, representing its renewable energy assets in Australia. With over 1 GW of renewable energy projects in operation and construction, and a development pipeline exceeding 13 GW, ACEN Australia’s portfolio includes solar, wind, battery, and pumped hydro projects.
