26 April 2024
‘Leading the world’: How this ex-Tesla exec plans to solve Australia’s energy crisis
Nick Carter at the Akaysha Energy Waratah battery site 90 minutes north of Sydney. Image: Forbes Australia.
Nick Carter spearheaded renewable energy innovation at Toyota, AGL, Tesla, and Macquarie Capital. He is now CEO and co-founder of Akaysha Energy, a homegrown Australian company specialising in large-scale battery storage. Akaysha has 10 GW of energy storage projects in the pipeline – 23% of the capacity needed for Australia to meet 2050 net-zero targets.
“Australia is leading the world in terms of the speed at which the energy transition is happening,” Nick Carter, the CEO and co-founder of Akaysha tells me at his office in Sydney. “What that means for the grid, and all of the green technologies that have to be applied, we’re actually way ahead of the rest of the world, which is fantastic.”
The work Carter is leading at Akaysha has the potential to accelerate the local economy in terms of jobs and building expertise in renewables, opening the way to export the capacity and knowledge to other countries pushing toward net-zero.
This article was featured in Issue 10 of Forbes Australia. Read the full article here