Energy Vault Secures Approval for 1 GWh Stoney Creek BESS Project in Australia

Key Facts

1Energy Vault received State Significant Development Approval from the New South Wales Government for its 125 MW / 1 GWh Stoney Creek BESS.

Energy Vault received State Significant Development Approval from the New South Wales Government for its 125 MW / 1 GWh Stoney Creek BESS. Business Wire reported that the regulatory clearance allows the company to begin construction on the major energy storage project located in Narrabri, Australia.

NRGV closed at $4.05 on September 28, 2026, after reaching a session high of $4.35. The infrastructure project is designed to support regional grid reliability and provide essential power storage for AI infrastructure development.