NSW’s $1 billion clean energy fund has selected its first investment projects, administered through the state government’s Energy Security Corporation. The initial funding consists of $100 million directed to battery storage projects located in Homebush and Newcastle. Multiple outlets report the allocation as the first investment made by the Energy Security Corporation under the fund. The announcement identifies the two battery storage sites as the recipients of the early tranche, linking the investment directly to the state’s broader clean energy and reliability objectives. The reports do not provide additional details such as project capacities, delivery timelines, or contractors, focusing instead on the selection and the funding amount. Overall, the coverage is consistent across sources: the fund has begun deploying money, with $100 million committed to battery storage in Homebush and Newcastle as the first step in the fund’s rollout.