Nick Carter

One of Australia’s biggest battery storage developers completes its first project

Akaysha Energy has completed Ulinda Park in Queensland, its maiden grid-scale battery, while reporting its Waratah project remains at reduced output and that its Elaine development has secured project financing.

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Huge finance deal and off-take landed for one of Australia’s biggest four-hour battery projects

Akaysha Energy has $650 million from 11 banks and an EnergyAustralia offtake to build its Orana battery in NSW, which it calls the world's largest single-battery investment; BlackRock bought the company in 2022.

Akaysha presses go on two hour big battery next to Brisbane sewage works

Akaysha Energy has given final approval to its Brendale battery beside a Brisbane sewage plant and flagged another huge battery near Gladstone.

Akaysha says four-hour batteries will be “new normal” after first gigawatt scale facility

Battery firm Akaysha expects four-hour storage to become standard in Australia now that its Orana project has won a national underwriting auction; the piece also recalls BlackRock's 2022 acquisition of the company.

US investment giant BlackRock makes a $1 billion battery play in Australia, acquiring Melbourne startup Akaysha Energy

BlackRock's climate infrastructure arm is buying Melbourne battery storage developer Akaysha Energy, planning to spend A$1 billion building 1GW of storage for Australia's grid, with FIRB approval already granted.

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