The world’s most powerful battery storage project under construction north of Sydney has been hit by a major failure of one of three giant transformers, creating a significant headache for the BlackRock-owned developer and putting pressure on the transition away from coal power.
The $1 billion Waratah super battery is being built by Akaysha Energy on the site of the former Munmorah coal power station near Budgewoi. An internal memo sent by the chief executive of the BlackRock-owned business, Nick Carter, says the transformer suffered a “catastrophic failure” last month.
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