Queensland gold mine to be converted to USD-4.7bn pumped hydro site
Jun 03, 2024 7:17 CEST
Battery energy storage complex. Image by: Akaysha Energy @LinkedIn.
The New South Wales government today said it has awarded planning approval for the 909 MW/1,915 MWh Waratah Super Battery project proposed by BlackRock Real Assets’ Akaysha Energy.
The permit enables the construction and operation of the AUD-1-billion (USD 683m/EUR 643m) complex aimed to provide storage capacity of at least 700 MW/1,400 MWh and ensure that Sydney, Newcastle and Wollongong have access to more energy from existing generators.
The Waratah Super Battery will be installed at the former Lake Munmorah coal-fired power complex in New South Wales Central Coast region, 100 km north of Sydney. It is due to begin commercial operations by mid-2025, prior to the planned closure of Origin Energy’s Eraring coal-fired power station.
US energy storage company Powin LLC will deliver 2,592 of its Centipede energy segments and 288 power conversion units for the project.
Akaysha won a state government tender to develop and build the huge battery in October 2022.
(AUD 1.0 = USD 0.683/EUR 0.643)
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