Global infrastructure investor I Squared Capital has launched ANZA Power, a next-generation independent power producer (IPP) in Australia and New Zealand.
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.
Taiwan-headquartered developer and services provider HD Renewable Energy (HDRE) is targeting further overseas expansion in 2026, with energy storage set to play a major role.
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.