Latest news with #Akaysha


The Advertiser
04-06-2025
- Business
- The Advertiser
Waratah Super Battery charging ahead despite collapse of parts supplier
The company behind the $1.1 billion Waratah Super Battery at Munmorah says it is confident there will be no ramifications from the pending collapse of the project's US parts supplier. Powin advised regulatory authorities in the state of Oregon last week that it would be forced to shut down by July 28 or earlier due to poor economic conditions. It is believed the company, which is reliant on Chinese components for its battery packs, has been affected by the Trump administration's tariffs on Chinese goods. In addition to the Waratah Super Battery, Powin is supplying Akaysha's 150 MW and 300 MWh Ulinda Park battery that is under construction in Queensland. Construction of the 850MW (1680MWh) Waratah Super Battery, Australia's most powerful battery, was finished on schedule in October 2024. It was energised and registered with the National Electricity Market late last year. Testing and commissioning are ongoing. The battery's owner, Akaysha, said it recently became aware of financial difficulties at Powin. It said an unspecified contingency plan was in place to ensure minimal delivery disruption and sustained project momentum. "Akaysha Energy, as a leading global developer and operator of large-scale battery energy storage systems, has long had a robust and forward-looking supply chain strategy in place. This includes proactive risk management measures designed to navigate challenges across our supply chain," an Akaysha spokeswoman said. "Our priority remains the uninterrupted and successful progression of these projects through to operations as planned." A spokesman for the state government's energy corporation, EnergyCo, said the project was progressing as planned. "With 100 per cent of battery packs installed, the battery energy storage systems (BESS) portion of the project is progressing through hold point testing in the lead-up to the start of its operation," he said. "This process is being overseen by Akaysha, Transgrid and the Australian Energy Market Operator." The project is critical for NSW's energy security, as the state's coal-fired power stations close. It is designed to enhance grid reliability in the state by acting as a shock absorber in the event of sudden power surges from events such as lightning strikes. The broader project includes upgrades to the state's existing transmission network and the development of an overarching control system. "This is a huge step forward for the Waratah Super Battery project and our state's transition to secure, reliable grid powered by renewables and storage," director of power systems at EnergyCo, Lulu Shao, said last year. "Registering on the National Electricity Market is no easy feat, especially for the largest single dispatchable unit on the market and one of the largest grid-scale batteries in the world." "This milestone is a testament to the hard work and collaboration of Akaysha and Transgrid and their delivery partners." The company behind the $1.1 billion Waratah Super Battery at Munmorah says it is confident there will be no ramifications from the pending collapse of the project's US parts supplier. Powin advised regulatory authorities in the state of Oregon last week that it would be forced to shut down by July 28 or earlier due to poor economic conditions. It is believed the company, which is reliant on Chinese components for its battery packs, has been affected by the Trump administration's tariffs on Chinese goods. In addition to the Waratah Super Battery, Powin is supplying Akaysha's 150 MW and 300 MWh Ulinda Park battery that is under construction in Queensland. Construction of the 850MW (1680MWh) Waratah Super Battery, Australia's most powerful battery, was finished on schedule in October 2024. It was energised and registered with the National Electricity Market late last year. Testing and commissioning are ongoing. The battery's owner, Akaysha, said it recently became aware of financial difficulties at Powin. It said an unspecified contingency plan was in place to ensure minimal delivery disruption and sustained project momentum. "Akaysha Energy, as a leading global developer and operator of large-scale battery energy storage systems, has long had a robust and forward-looking supply chain strategy in place. This includes proactive risk management measures designed to navigate challenges across our supply chain," an Akaysha spokeswoman said. "Our priority remains the uninterrupted and successful progression of these projects through to operations as planned." A spokesman for the state government's energy corporation, EnergyCo, said the project was progressing as planned. "With 100 per cent of battery packs installed, the battery energy storage systems (BESS) portion of the project is progressing through hold point testing in the lead-up to the start of its operation," he said. "This process is being overseen by Akaysha, Transgrid and the Australian Energy Market Operator." The project is critical for NSW's energy security, as the state's coal-fired power stations close. It is designed to enhance grid reliability in the state by acting as a shock absorber in the event of sudden power surges from events such as lightning strikes. The broader project includes upgrades to the state's existing transmission network and the development of an overarching control system. "This is a huge step forward for the Waratah Super Battery project and our state's transition to secure, reliable grid powered by renewables and storage," director of power systems at EnergyCo, Lulu Shao, said last year. "Registering on the National Electricity Market is no easy feat, especially for the largest single dispatchable unit on the market and one of the largest grid-scale batteries in the world." "This milestone is a testament to the hard work and collaboration of Akaysha and Transgrid and their delivery partners." The company behind the $1.1 billion Waratah Super Battery at Munmorah says it is confident there will be no ramifications from the pending collapse of the project's US parts supplier. Powin advised regulatory authorities in the state of Oregon last week that it would be forced to shut down by July 28 or earlier due to poor economic conditions. It is believed the company, which is reliant on Chinese components for its battery packs, has been affected by the Trump administration's tariffs on Chinese goods. In addition to the Waratah Super Battery, Powin is supplying Akaysha's 150 MW and 300 MWh Ulinda Park battery that is under construction in Queensland. Construction of the 850MW (1680MWh) Waratah Super Battery, Australia's most powerful battery, was finished on schedule in October 2024. It was energised and registered with the National Electricity Market late last year. Testing and commissioning are ongoing. The battery's owner, Akaysha, said it recently became aware of financial difficulties at Powin. It said an unspecified contingency plan was in place to ensure minimal delivery disruption and sustained project momentum. "Akaysha Energy, as a leading global developer and operator of large-scale battery energy storage systems, has long had a robust and forward-looking supply chain strategy in place. This includes proactive risk management measures designed to navigate challenges across our supply chain," an Akaysha spokeswoman said. "Our priority remains the uninterrupted and successful progression of these projects through to operations as planned." A spokesman for the state government's energy corporation, EnergyCo, said the project was progressing as planned. "With 100 per cent of battery packs installed, the battery energy storage systems (BESS) portion of the project is progressing through hold point testing in the lead-up to the start of its operation," he said. "This process is being overseen by Akaysha, Transgrid and the Australian Energy Market Operator." The project is critical for NSW's energy security, as the state's coal-fired power stations close. It is designed to enhance grid reliability in the state by acting as a shock absorber in the event of sudden power surges from events such as lightning strikes. The broader project includes upgrades to the state's existing transmission network and the development of an overarching control system. "This is a huge step forward for the Waratah Super Battery project and our state's transition to secure, reliable grid powered by renewables and storage," director of power systems at EnergyCo, Lulu Shao, said last year. "Registering on the National Electricity Market is no easy feat, especially for the largest single dispatchable unit on the market and one of the largest grid-scale batteries in the world." "This milestone is a testament to the hard work and collaboration of Akaysha and Transgrid and their delivery partners." The company behind the $1.1 billion Waratah Super Battery at Munmorah says it is confident there will be no ramifications from the pending collapse of the project's US parts supplier. Powin advised regulatory authorities in the state of Oregon last week that it would be forced to shut down by July 28 or earlier due to poor economic conditions. It is believed the company, which is reliant on Chinese components for its battery packs, has been affected by the Trump administration's tariffs on Chinese goods. In addition to the Waratah Super Battery, Powin is supplying Akaysha's 150 MW and 300 MWh Ulinda Park battery that is under construction in Queensland. Construction of the 850MW (1680MWh) Waratah Super Battery, Australia's most powerful battery, was finished on schedule in October 2024. It was energised and registered with the National Electricity Market late last year. Testing and commissioning are ongoing. The battery's owner, Akaysha, said it recently became aware of financial difficulties at Powin. It said an unspecified contingency plan was in place to ensure minimal delivery disruption and sustained project momentum. "Akaysha Energy, as a leading global developer and operator of large-scale battery energy storage systems, has long had a robust and forward-looking supply chain strategy in place. This includes proactive risk management measures designed to navigate challenges across our supply chain," an Akaysha spokeswoman said. "Our priority remains the uninterrupted and successful progression of these projects through to operations as planned." A spokesman for the state government's energy corporation, EnergyCo, said the project was progressing as planned. "With 100 per cent of battery packs installed, the battery energy storage systems (BESS) portion of the project is progressing through hold point testing in the lead-up to the start of its operation," he said. "This process is being overseen by Akaysha, Transgrid and the Australian Energy Market Operator." The project is critical for NSW's energy security, as the state's coal-fired power stations close. It is designed to enhance grid reliability in the state by acting as a shock absorber in the event of sudden power surges from events such as lightning strikes. The broader project includes upgrades to the state's existing transmission network and the development of an overarching control system. "This is a huge step forward for the Waratah Super Battery project and our state's transition to secure, reliable grid powered by renewables and storage," director of power systems at EnergyCo, Lulu Shao, said last year. "Registering on the National Electricity Market is no easy feat, especially for the largest single dispatchable unit on the market and one of the largest grid-scale batteries in the world." "This milestone is a testament to the hard work and collaboration of Akaysha and Transgrid and their delivery partners."

News.com.au
15-05-2025
- Sport
- News.com.au
Peter Snowden on the hunt for massive day out with multiple stakes chances at Scone
Exciting colt Beadman delivered Peter Snowden one of the most emphatic winners of his career last weekend so it bodes well that his heavy-handed Scone assault this Saturday includes a filly with form around his explosive juvenile. Beadman scored by 'one of the biggest margins' Snowden has ever trained when the well-named colt score by an astonishing 8-1/4 lengths in the Group 3 Ken Russell Memorial at the Gold Coast last Saturday. Snowden has since sent Beadman for a spell but his trainer will unleash the only horse that has beat him when Akaysha makes up part of a two-pronged attack with Miss Freelove in the Listed $200,000 Woodlands Stakes (1100m). Akaysha prevailed over Beadman on debut before only getting gunned down late by a flying Grand Eagle last start over the Randwick 1100m. 'She has got some good form behind her that's for sure,' Snowden said. 'I've always thought she was a nice filly.' Bookies rate Akaysha ($3.90) as Snowdens' better chance in the Woodlands Stakes but stablemate Miss Freelove ($7.50) is certainly no slouch. Grand Eagle storms home to win the Randwick opener! @nashhot @RARacing_ — SKY Racing (@SkyRacingAU) April 26, 2025 • 'I gave it up, I didn't want to ride again': Morgan's comeback for the ages Miss Freelove wasn't far away on debut and backed up the performance with an impressive all the way victory on a heavy track over 1100m at Canterbury Park last time. 'Miss Freelove is good and handled the track really good the other day,' Snowden said. 'She is a real wet tracker and I think she is doing a good job. 'She always showed us good ability so it's no surprise to see her doing as well as she did.' Love for all ðŸ'• The fav Miss Freelove is too good for them at Canterbury! @KPMcEvoy | @SnowdenRacing1 | @aus_turf_club | @TrilogyRacing1 — SKY Racing (@SkyRacingAU) April 30, 2025 • 'She has come up terrific': Robl chases more Joy at Scone Miss Freelove has the superior draw in barrier one while Akaysha is drawn out in gate 13 but Snowden expects every horse should get their chance on the Scone track. 'It's a really good start there with about three furlongs to the first corner,' he said. 'The barriers aren't that big of an advantage but it's always good to draw close and no doubt it should help Miss Freelove as well.' "I like her!" The future is bright for Miss Freelove, hear from Peter Snowden and @KPMcEvoy ðŸ'‡ @SnowdenRacing1 | @aus_turf_club | @TrilogyRacing1 — SKY Racing (@SkyRacingAU) April 30, 2025 Snowden has Scone's two-day carnival on his radar throughout the preparation for lightly-raced filly Wave Breaker. Wave Breaker, a drifter from $11 to $17 shortly after markets opened, gets the opportunity to snare valuable black type in the Listed $200,000 Denise's Joy Stakes (1100m) with Kerrin McEvoy booked. The daughter of Pierata heads into the race a month between runs following a narrow second behind One Destiny at Warwick Farm first-up. 'This has been the target race for her all prep,' Snowden said. 'She is in good order and is going to go up there in really good shape. 'She has a nice gate to get a good run and is as fit as we can get her.' One Destiny holds on and wins at $41 fixed odds! ðŸ'° @grnickson @MollyBourke7 — SKY Racing (@SkyRacingAU) April 16, 2025 • Snowden is expecting a bounce-back performance from Fire Star ($26) in the Listed $200,000 Ortensia Stakes (1100m) after the gelding failed to fire in the Hawkesbury Gold Rush last start. Fire Star, a winner of four straight city races last preparation, never went a yard in the heavy conditions and didn't beat a runner home. 'It's a total forget run,' Snowden said. 'He was out of the race and just did nothing but there is nothing wrong with this horse. 'He is going great and Andy Adkins knows him well and will be with him on Saturday so I think you will see a different horse on Saturday.' Snowden won the Ortensia Stakes in partnership with son Paul with That's A Good Idea a decade ago. He's yet to win the Listed $200,000 Luskin Star Stakes (1300m) and will rely outsider Ka Bling ($31) to change that. . @ZacLloydx gets a FOURTH! Ka Bling makes it back to back wins for @SnowdenRacing1. — SKY Racing (@SkyRacingAU) April 10, 2023 The son of Capitalist was last seen finishing fifth in the Tamworth Cup (1400m) and jumps from barrier 12. 'The draw is OK but it's a very good field,' Snowden said. 'Again it's not a bad start there from the 1300m so he will get his chance if he is good enough despite the wide draw.' Snowden's only runner not in a stakes race is Zealously ($3.70 favourite) in the Gro Events Benchmark 78 Handicap (1100m) with the gelding set to appreciate a drier track than he's faced in recent starts.

Sydney Morning Herald
15-05-2025
- Sport
- Sydney Morning Herald
Peter Snowden puts faith in filly to lead charge at Scone
Peter Snowden always tries to take decent chances to the Scone Cup carnival, when he heads back to where it all started for him. And while he could not get a runner into the traditional headline race on Friday, the champion trainer is confident his team, especially Akaysha, have the form to deliver wins on Saturday's standalone card. Akaysha spearheads the Scone born and bred horseman's hopes in the listed Woodlands Stakes (1100m) for two-year-old fillies, in which he also has Miss Freelove. Akaysha has the distinction of beating Snowden's boom Snitzel colt Beadman, which won the group 3 Ken Russell Memorial Classic at the Gold Coast last Saturday by a remarkable eight lengths. Beadman's brilliant win, after a strong victory at Newcastle, has put him into the market for the $20 million The Everest (1200m), but Snowden was looking at three-year-old features when the rising star returns from a spell. 'It's crazy saying that,' he said of Beadman being in The Everest discussion. 'But, I mean, he is a talented horse. 'The Coolmore is the race we are looking at, but there's a lot of water to go under the bridge before then. The San Domenico Stakes will probably be his first one back, then there's the Run to the Rose, the Golden Rose.' While Beadman goes for a break, Akaysha gives Snowden another two-year-old for stakes targets.

The Age
15-05-2025
- Sport
- The Age
Peter Snowden puts faith in filly to lead charge at Scone
Peter Snowden always tries to take decent chances to the Scone Cup carnival, when he heads back to where it all started for him. And while he could not get a runner into the traditional headline race on Friday, the champion trainer is confident his team, especially Akaysha, have the form to deliver wins on Saturday's standalone card. Akaysha spearheads the Scone born and bred horseman's hopes in the listed Woodlands Stakes (1100m) for two-year-old fillies, in which he also has Miss Freelove. Akaysha has the distinction of beating Snowden's boom Snitzel colt Beadman, which won the group 3 Ken Russell Memorial Classic at the Gold Coast last Saturday by a remarkable eight lengths. Beadman's brilliant win, after a strong victory at Newcastle, has put him into the market for the $20 million The Everest (1200m), but Snowden was looking at three-year-old features when the rising star returns from a spell. 'It's crazy saying that,' he said of Beadman being in The Everest discussion. 'But, I mean, he is a talented horse. 'The Coolmore is the race we are looking at, but there's a lot of water to go under the bridge before then. The San Domenico Stakes will probably be his first one back, then there's the Run to the Rose, the Golden Rose.' While Beadman goes for a break, Akaysha gives Snowden another two-year-old for stakes targets.