Deals Counterparts

Ausgrid to build and own two 5 MW community batteries

Development Storage announced Sydney, Australia Feb 25, 2026
5 MW
Capacity
development
Stage

Ausgrid, with funding from the Albanese Government, will build and own two 5 MW batteries to help power homes in Bankstown, Yagoona, Padstow, Riverwood, Roselands, Revesby, Punchbowl, Mount Lewis, Condell Park and Beverly Hills.

Deal Analysis

Ausgrid's announced development of two 5 MW community batteries, funded in part by the Albanese Government, represents a strategic investment in distributed energy resources. The project aims to enhance grid stability and provide power to homes across several suburbs in Australia. While the financial value of the project is undisclosed, the initiative underscores the growing importance of battery storage in supporting renewable energy integration and improving energy access at the community level. Ausgrid's ownership of the batteries suggests a long-term commitment to managing and operating these assets within its existing infrastructure network. This deal is notable for its focus on community-scale battery storage, a growing trend in the energy sector. The involvement of a major grid operator like Ausgrid, coupled with government funding, signals strong support for this type of distributed energy infrastructure. The project's relatively small capacity (5 MW per battery) suggests a targeted approach to addressing local grid needs and improving energy resilience in specific communities. The project's announcement date of 2026-02-25 indicates a forward-looking perspective on grid modernization and the integration of distributed energy resources.
  • Ausgrid to build and own two 5 MW community batteries.
  • Project is partially funded by the Albanese Government.
  • Focus on community-scale battery storage.
  • Aims to enhance grid stability and improve energy access.
Market Context: The Australian energy market is undergoing a significant transition towards renewable energy sources, driving demand for energy storage solutions to address intermittency and grid stability challenges. Community batteries are emerging as a key component of this transition, offering a localized approach to energy storage and distribution.

Source Intelligence

KEY DETAILS

The network estimates this could save households up to $200 a year. "The network estimates this could save households up to $200 a year."

Capacity
Two 5 MW batteries built and owned by Ausgrid, with funding from the Albanese Government, will help power homes in Bankstown, Yagoona, Padstow, Riverwood, Roselands, Revesby, Punchbowl, Mount Lewis, Condell Park and Beverly Hills.
Location
Bill Busting Batteries Switched On In Southwest Sydney
Announcement
25 Feb 2026
PARTIES MENTIONED IN SOURCE
A
Ausgrid developer

"Two 5 MW batteries built and owned by Ausgrid, with funding from the Albanese Government, will help power homes in Bankstown, Yagoona, Padstow, Riverwood, Roselands, Revesby, Punchbowl, Mount Lewis, Condell Park and Beverly Hills."

A
Albanese Government investor

"Two 5 MW batteries built and owned by Ausgrid, with funding from the Albanese Government, will help power homes in Bankstown, Yagoona, Padstow, Riverwood, Roselands, Revesby, Punchbowl, Mount Lewis, Condell Park and Beverly Hills."

O
Origin

"It means all local residents can sign up to the savings with Ausgrid's retail partners Origin and EnergyAustralia."

E
EnergyAustralia

"It means all local residents can sign up to the savings with Ausgrid's retail partners Origin and EnergyAustralia."

H
Hydro Tasmania

"NSW 5 Wollongong Hydro Tasmania"

e
emPowering South Australia

"SA 1 Port Pirie South emPowering South Australia"

E
Energy Queensland

"QLD 4 Burnett Heads Energy Queensland"

E
Endeavour Energy

"NSW 1 Hinchinbrook Endeavour Energy"

medium quality Enriched Feb 26, 2026

Timeline

Announced
Feb 25, 2026
Signed
Closed

Market Context

This deal is part of the Storage sector in Australia.
111
Storage deals
109
deals in Australia
1 of 105 Storage deals tracked this month · Updated daily

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