Deals Counterparts

Ausgrid launches Energy Storage as a Service (ESaaS) initiative with retailers

Partnership Battery Storage announced Bankstown, Australia Feb 25, 2026
10 MW
Capacity
operating
Stage
Bankstown community battery
Project

Ausgrid launched its Energy Storage as a Service (ESaaS) initiative in collaboration with retailers Energy Australia and Origin, allowing eligible customers to use community batteries.

Deal Analysis

Ausgrid's launch of its Energy Storage as a Service (ESaaS) initiative, in partnership with retailers Energy Australia and Origin, represents a strategic move to leverage community battery storage for eligible customers in Australia. This partnership aims to provide access to 10 MW of battery storage capacity, offering potential benefits such as grid stabilization, peak demand reduction, and increased renewable energy integration. While the financial details remain undisclosed, the collaboration between a major electricity distributor like Ausgrid and prominent retailers signals a growing interest in innovative energy solutions within the Australian market. The ESaaS initiative is notable for its focus on community batteries, a distributed energy resource that can enhance grid resilience and provide cost savings for consumers. The involvement of Energy Australia and Origin, two of the largest energy retailers in Australia, underscores the potential for widespread adoption of this model. This partnership could serve as a template for future collaborations between utilities and retailers in deploying distributed energy resources and offering innovative energy services to customers. The success of this initiative will likely influence the future direction of energy storage deployment and grid modernization efforts in Australia.
  • Partnership between Ausgrid, Energy Australia, and Origin.
  • Focus on Energy Storage as a Service (ESaaS) model.
  • Deployment of 10 MW of community battery storage.
  • Potential for wider adoption of distributed energy resources.
Market Context: The Australian energy market is undergoing a significant transformation, driven by the increasing penetration of renewable energy sources and the need for grid modernization. Battery storage is playing a crucial role in addressing the intermittency of renewables and enhancing grid stability. Government policies and incentives are also supporting the deployment of energy storage solutions across the country.

Source Intelligence

KEY DETAILS

The Bankstown community battery consists of two 5 MW batteries. "Ausgrid said the two 5 MW batteries will store excess solar during the day and return it to the network when demand is highest, providing shared storage for thousands of households across Bankstown and surrounding suburbs." Eligible customers could save about $200 (USD 141) a year on their energy bills. "The network estimates eligible customers could save about $200 (USD 141) a year on their energy bills." The Bankstown community battery is part of the federal government’s Community Batteries for Household Solar program that is investing $200 million to install 400 community batteries across Australia. "The Bankstown community battery is the latest to be delivered by Ausgrid as part of the federal government’s Community Batteries for Household Solar program that is investing $200 million to install 400 community batteries across Australia."

Capacity
powering up a combined 10 MW energy storage system in the southwest Sydney suburb of Bankstown
Location
in the southwest Sydney suburb of Bankstown
Announcement
February 25, 2026
PARTIES MENTIONED IN SOURCE
A
Ausgrid developer

"Ausgrid launches new community battery to support solar"

E
Energy Australia retailer

"The ESaaS retail plan is being offered in collaboration with retailers Energy Australia and Origin."

O
Origin retailer

"The ESaaS retail plan is being offered in collaboration with retailers Energy Australia and Origin."

high quality Enriched Feb 25, 2026

Timeline

Announced
Feb 25, 2026
Signed
Closed

Market Context

This deal is part of the Battery Storage sector in Australia.
84
Battery Storage deals
105
deals in Australia
1 of 84 Battery Storage deals tracked this month · Updated daily

Stay informed

Weekly infrastructure deal intelligence — PPAs, acquisitions, data centers, and more.

Subscribe to Newsletter