The Institute for Energy Economics and Financial Analysis has estimated the effect on the payback period of PV systems when adding EVs and storage in Germany and Britain. In both cases, system owners are likely to reduce their payback period by significant margins as increased self-consumption can offset the incremental phase out of government incentives.
The Australian arm of German energy storage provider Senec has welcomed Mark Keogh as a shareholder and member of the board of directors. Keogh is the founder and CEO of UON, a WA-based provider of turnkey power, air and water solutions to the mining and resources industry.
The German energy storage provider has begun shipping batteries produced in the former Holden factory in Adelaide’s north to New Zealand. Sonnen batteries will be available exclusively through the manufacturer’s local partner, Taspac Energy.
In what is being claimed to be an Australian first, Natural Solar has installed a solar PV and storage system to Specialist Disability Accommodation (SDA) in South Australia, with an innovative approach to providing backup power supply. Natural Solar reports that the battery systems retain 20% charge at all times to ensure backup power supply.
The Smart Energy Council has sketched out a scenario that demonstrates that Federal Labor’s plan to provide $2000 rebates for residential battery storage units, assuming they have rooftop PV installed, will save households between 60-80% on their power bill. In all Australian states, SEC finds that battery paybacks under the subsidy will fall to 3.5–10 years.
Federal Labor has pledged to roll out solar PV and batteries at schools across Australia and create virtual power plants supporting up to 365 MW of capacity.
The first virtual power plant to be announced since the last year’s launch of the Home Battery Scheme in South Australia is picking up the pace with the addition of Eguana Technologies’ Evolve to the list of eligible energy storage systems.
While lithium ion or even flow battery projects continue to dominate headlines, a report published today has highlighted the continuing role being played by lead acid battery storage. The report from the U.S.-based Consortium for Battery Innovation (CBI) illustrates how lead-acid batteries are being applied to a wide range of applications, and use cases, today.
Significant progress has been reported on the feasibility study which aims to progress the establishment of a 15 GWh lithium-ion battery factory in Townsville. The study is conducted by the Imperium3 Townsville consortium.
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