Six new big battery projects—two in Victoria and four in South Australia—have made it to the winning list of the federal government’s initial round of the Capacity Investment Scheme (CIS), a key policy aimed at driving the nation towards its 2030 renewable energy target.
The successful projects have committed a total investment of $12.5 million (US$8.4 million) in shared benefits to local project communities and $6.5 million in initiatives for local Indigenous groups, alongside extensive use of local supply chains. These benefits are expected to reach residents by 2027.
