2023 was the year of the big battery in the National Electricity Market. The year started with 10 batteries registered in the market and ended with a doubling to 20, with no signs of a slowdown.
New South Wales has committed to reform the planning approvals process for renewable energy developments amid criticism that the current process isn’t fit for purpose and is slowing the state’s transition from coal-dominated generation to a renewables-dominated grid.
The Northern Territory has emerged as the national leader in solar battery adoption with more than 30% of homes and businesses with rooftop solar systems having now installed a battery.
Tindo Solar, the country’s only manufacturer of PV panels, has warned Australia must move quickly if it is to capitalise on the manufacturing opportunities presented by the global clean energy transition or risk being left behind.
The first of energy storage solutions specialist Chelion’s new iHome high-voltage residential battery storage systems are now being rolled out in Australia.
Modular solar pioneer 5B has commenced construction of a potential giga-scale production facility in India that is to improve its access to international markets, but the Sydney-headquartered company remains committed to its manufacturing operations in Australia.
Queensland-based battery company Redflow has secured up to $1.12 million in government funding to support the development of a large-scale zinc-bromine flow battery prototype and to examine the potential to establish a large-scale battery manufacturing facility in the state.
Printed flexible solar cell technology developed by Australia’s national science agency has been successfully launched into space as part of billionaire Elon Musk’s Space X’s Transporter-10 mission.
Rooftop solar is Australia’s cheapest source of electricity. The consumer can get electricity from rooftop solar at less than a fifth of the average cost per kWh of buying it from a retailer.
Energy generating and retailing giant AGL has teamed with Australian renewable energy company Someva Renewables to develop a hybrid wind, solar and battery storage facility that could deliver more than 1.5 GW of renewable energy generation capacity to the National Electricity Market.
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