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Newcastle Herald

National

Matthew Kelly

Big batteries charge up the east coast

BlackRock Hunter Charlie Reid Electricity Renewable Energy

Charging up: A 1600MWh big battery will be built near Wellington. The battery which could feature up to eight hours of storage.

The world's biggest fund manager, BlackRock will commit $1 billion for nine grid-scale battery projects along the east-coast electricity grid, including in the Hunter.

The investment, regarded as crucial to driving the shift from coal to clean energy, follows the American company's announcement this week that it will buy out Melbourne-based Akaysha Energy

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