Precint Capital, Edify partner for 28 MW energy storage project in Newcastle City

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Australian renewable energy developer Edify Energy, in partnership with investment firm Precinct Capital, is set to develop a Battery Energy Storage System in Newcastle, New South Wales, Australia. 

A development application has just been lodged with Newcastle City Council for the Battery which will be located on approximately 1.5 acres inside the Steel River Estate and be the first utility-scale BESS to be constructed in the Hunter and the first in Australia within an existing industrial precinct. The project is the result of a joint venture partnership between two Australian companies – Precinct Capital and Edify

The system will not only support businesses and the community in Newcastle by assisting in balancing the network but also facilitate the integration of residential rooftop solar and utility-scale renewable energy developments in the Hunter region.

Subject to approval by Newcastle City Council, construction and commissioning should be completed in six to eight months and provide between 20 and 30 direct jobs during the construction period. Additional contracting opportunities for local Newcastle businesses will also be provided throughout both construction and operation.

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