Blackrock-Backed Firm Wins Contract to Build ‘Super Battery’ in Australia’s Most Populous State

Started by Epoch-Times-Bot, Oct 24, 2022, 01:00 AM

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Epoch-Times-Bot

Oct 24, 2022, 01:00 AM
Blackrock-Backed Firm Wins Contract to Build 'Super Battery' in Australia's Most Populous State

BlackRock-backed battery storage company Akaysha Energy has been chosen to build a “Super Battery” in Australia’s most populous state New South Wales.
Its partnership with the U.S. investment giant began in August after BlackRock invested A$1 billion (US$701 million) into the Melbourne-based energy firm.
The firm already has nine projects underway across Australia, including the 1,600 megawatt Orana battery in Wellington, central-west NSW, which can store around eight hours of electricity.
The state’s energy minister has called the Waratah Super Battery the “biggest network battery” in the southern hemisphere that will be built on the site of the old Lake Munmorah Power Station around 100 kilometres north of Sydney....

Source: Blackrock-Backed Firm Wins Contract to Build 'Super Battery' in Australia's Most Populous State

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