Akaysha Energy

Wow We are excited to announce that Akaysha Energy's Orana BESS has been awarded the APAC Battery Deal of the Year at the prestigious PFI Awards! 🎉 This recognition comes after successfully raising over A$725 million for our 415MW/1.66GWh Orana Battery Energy Storage System in NSW, the largest BESS financing globally, together with Australia’s largest virtual offtake contract with EnergyAustralia. Hailed as a template for future offtake agreements in the booming global battery sector, our innovative ‘virtual toll’ agreement with EnergyAustralia allows for a notional charging and discharging of 200MW of virtual capacity. With commercial operations expected in 2026, the Orana project demonstrates our commitment to delivering mega-scale energy storage solutions in Australia. A massive thank you to our financiers, including ANZ, BNP Paribas, Commonwealth Bank, CIBC, DBS Bank, ING, Mizuho, Rabobank, Siemens Financial Services, Sumitomo Mitsui Banking Corporation – SMBC Group, and Westpac, our advisors Azure Capital, Ashurst, Allens, King & Wood Mallesons, and our super-charged Akaysha Energy team. Together, we are driving the future of energy! Read more about our collective achievement here: PFI Awards Winners Announced https://lnkd.in/gstF6t93 #AkayshaEnergy #PFIAwards #BatteryDealOfTheYear #RenewableEnergy #EnergyAustralia #Innovation #ProjectFinancing

What a year for Akaysha Energy! Could not have imagined that we would have achieved so much in such a short time if I look back to the start of 2024. The company is only 3.5 years old and 2.5 years since BlackRock enabled our capital growth.... It has been an insane amount of work for many folks - time for a rest... Massive thanks to all our staff and key partners for helping us achieve this in 2024. Believe it or not, 2025 is looking significantly bigger for Akaysha Energy than 2024 in terms of Flexible Storage MWs in the NEM, ERCOT (and other markets), projects, capital raising and deployment, people, and growth with some incredible milestones hurtling towards us. Please rest up, stay safe and best wishes to you and your families for 2025. 🔋 🔋 🔋 🙏 🫶

As we approach the end of another remarkable year, it’s time to reflect on our journey and recharge our batteries — both literally and metaphorically! At Akaysha Energy, we’ve made significant strides advancing the world’s most powerful energy storage solutions, thanks to the incredible support of our partners, customers, and communities BlackRock, EnergyCo, EnergyAustralia, Powin, Tesla Energy, Hitachi Energy, Consolidated Power Projects, Wilson Transformer Company, AEMO Services, Transgrid, Powerlink Queensland, Quanta Services Australia, Smarter Power Solutions, Aurecon, PSC Consulting, WSP, Ashurst, Allens, DLA Piper and many more. Our big wins this year include: ⚡ Safely reaching a total of 1.65GW across four mega-scale battery energy storage solutions in construction, ⚡ Expanding Akaysha's US footprint with two projects progressing well in Texas, ⚡ Securing ~A$1billion of project financing, including the largest BESS financing globally at A$650 million for Akaysha’s 4-hour Orana BESS, ⚡ Innovating with a first of its kind ‘virtual toll’ offtake agreement with EnergyAustralia for 200MW of contracted capacity from Orana BESS,  ⚡ Keeping the lights on in NSW! Our Waratah Super Battery provided this essential support during commissioning and has also reached mechanical completion, and ⚡ Giving communities a stronger say in benefit sharing with our newly launched community portal and ‘fund it’ tool. And we couldn’t have done this without our 135-strong, super-charged, fast-paced, hyper-committed, deeply valued team! This festive season let's celebrate our collective progress and the innovative spirit that drives us forward. Wishing you all joy, relaxation, and time to re-charge before we power into the New Year together.

At Akaysha Energy, we understand that true progress happens when innovation meets community. That's why we’re proud to launch our Community Portal - a digital platform designed to complement our traditional engagement efforts with enhanced transparency, accessibility, and impact.   In today’s world, meaningful social impact requires more than just good intentions; it requires openness and the ability to reach people where they are.   Our Community Portal does just that, providing an interactive space where the community can:   🔦 Find clear, transparent, up to date information about our projects and engage with us directly, 💡 Leverage innovative visualisation tools to dynamically showcase land transformation with mitigation plans, and 📣 Use our Benefit Sharing "Fund it" tool to share how they envision allocating community benefits from our BESS projects.   As we push beyond conventional boundaries, we remain committed to fostering trust and collaboration in every community we touch. We believe that a more connected, transparent approach is key to creating lasting change - and we’re excited to take this step forward. Have a look at https://lnkd.in/gK5nDqNZ #AkayshaEnergy #CommunityEngagement #SocialImpact #Transparency #Innovation #RenewableEnergy #Sustainability #DigitalTransformation

It’s been an exciting week filled with milestones for Akaysha Energy and the Waratah Super Battery! We are incredibly proud of how our team, alongside our project partners, has contributed to supporting energy consumers in NSW and strengthening the overall energy system. A huge shout-out to the amazing teams at Akaysha Energy — trading, operations, delivery, and engineering — for their hard work and collaboration. This achievement is a true testament to the power of cross-functional teamwork. A heartfelt thank you to our partners, Powin, eks Energy, Consolidated Power Projects, Quintas Energy during this critical phase of the project. Your efforts have been essential in ensuring the lights stay on! https://lnkd.in/gtM4SQh5

Akaysha Energy together with its delivery partners Consolidated Power Projects, Transgrid, Powin and eks Energy, has completed the first stage of energisation for EnergyCo's Waratah Super Battery, with energisation of the Waratah substation at 330kV, facilitated from Transgrid’s Munmorah Substation. This key milestone also signifies completion of the Waratah Super Battery's grid connection process as it's now registered in the NEM. This paves the way for commissioning works to commence on the project, and is a key milestone in moving towards commercial operations and delivering the SIPS Service to the NSW electrical network. 🔋 Learn more: https://lnkd.in/gsPVsUJ7

Lead and contribute to Akaysha Energy US! As a member of the team responsible for BESS development and related renewable project opportunities in the United States, the Senior Development Manager is the lead in site identification and acquisition, project development, and approval of the site, OEM and EPC negotiation, and overall coordination of all aspects of the project on behalf of Akaysha and our investment partners. 🌎 We are open to this role being positioned at either of our offices in Portland OR, or Austin TX. This role could also be based remotely within the vicinity of these locations. 🔋 enquire within: https://lnkd.in/dFBcr3AD

Please join us in welcoming a whole host of new faces across the team! Our Asset Management & Market Operations team has expanded rapidly. Firstly, our IT team has grown by three: Allen Lu , OT Manager Kristian Widjaya, Corporate IT Manager Vivian Lo, Cybersecurity Manager Our trading team has also grown by three as we welcome: Craig Perkins, General Manager Energy Trading Oliver Jessup, Manager Spot Trading Joey Diesendorf-Young, Senior Spot Trader We also welcome Marcelle Gannon as Market Performance Manager, Rahul Rao as Asset Performance Analyst and Stephanie McDougall as Principal, Risk, Compliance & Insurance. In our Development & Delivery pillar we are joined by: Jake Darby, Site Manager Michael Greaves, Site Manager Jasmine Kerameas, Community Engagement Manager Nurudeen Huthman, Senior Project Manager and Serena Jensen, Project Coordinator We also welcome Nicole Santek who is supporting in a contracting capacity as Quality & Logistics Coordinator. Capability in our Engineering team continues to expand with the addition of: Rabiul Islam, Manager Power Systems Ajaykumar Daya MIEAust, Grid Connection & Technology Manager Cameron Smith, Power Systems Engineer Ivi Jurcevic as Senior Electrical Engineer We also welcome Jason P. as a Data Scientist & Energy Optimisation Specialist in our Energy Markets team, Tim Lazarus as an Accountant in our Finance & Investment team and Lisa Barker as Workplace Experience Manager in our People team. It's been a busy three months of new team members joining Akaysha! 🔋

This week #Akaysha broke ground on Brendale BESS alongside our key project partners, Tesla Energy, Powerlink Queensland, Consolidated Power Projects Australia Pty Ltd and landowner Unitywater. Welcomed to country by Songwoman Maroochy, Akaysha's second QLD BESS with a system profile of 205MW/410MWh, begins construction to reduce electricity costs and enhance grid stability in line with the Queensland Government’s renewable energy targets. Learn more: https://lnkd.in/gXTj5cha

Join #Akaysha and others at the upcoming Clean Energy Council 'Careers for Net Zero Roadshow' coming to Toowoomba, Gladstone and Townsville from 6 August 2024. Australia’s future clean economy will bring with it thousands of exciting local career and training opportunities for students, graduates, career changers and job seekers of all ages, particularly in regional Queensland. This roadshow will provide attendees with the latest information about clean economy careers, including renewable energy, critical minerals and green manufacturing, as well as the opportunity to connect directly with some of our team including Hannah Iwanov, Alexis Petridis, Jasmine Kerameas and Ross Purdy. We will also come with some limited edition merch ⚡ The Careers for Net Zero QLD Roadshow will be visiting: Toowoomba: Tuesday, August 6, 2024 Gladstone: Friday, August 9, 2024 Townsville: Wednesday, August 14, 2024 Find out more 🔋 https://lnkd.in/geryvTT9