BlackRock-backed Akaysha Energy has commenced operations at its 205MW/410MWh Brendale battery energy storage system (BESS) in Queensland, Australia, delivering the project close to five months ahead of the original schedule.
Two pumped hydro energy storage (PHES) projects have been submitted for approval under Australia’s Environment Protection and Biodiversity Conservation (EPBC) Act.
BlackRock-backed developer Akaysha Energy is reportedly considering options to raise additional funds, including selling a minority stake, to support the expansion of its battery energy storage operations.
While coal and gas power plants grapple with cost increases, Australia’s battery storage sector delivers a different story, with costs plummeting across all durations.
Horizon Power has submitted an application under Australia’s Environment Protection and Biodiversity Conservation (EPBC) Act for a 239MWh battery energy storage system (BESS) in Broome, Western Australia.
Yanara has appointed Gamuda Australia as the project delivery partner for the early contractor involvement (ECI) phase of the Mortlake Energy Hub in Victoria.