The Australian Renewable Energy Agency has been directed to consider more funding for residential solar and battery energy storage systems as the federal government examines how best to expand household electrification projects around the country.
Victorian electricity and gas network company AusNet Services is turning to solar and battery energy storage systems to improve energy reliability in communities serviced by its electricity distribution network.
Australian manufacturer of lithium titanate oxide batteries Zenaji says the LTO battery market is projected to reach $5.8 billion by 2032, with a compound annual growth rate of 12.6%, and its Eternity battery system is ready to catch that wave.
Sydney-headquartered residential battery storage solutions company VoltX Energy is expanding into Adelaide, South Australia with 10,000 Neovolt units to meet a surging demand.
Aotearoa New Zealand distributor Powerco is trialling five low-voltage pole-mounted battery energy storage systems on power poles in the North Island city of Tauranga.
A $2 billion allocation from the Australian government to its ‘green bank’ Clean Energy Finance Corporation will boost investment commitments in renewable energy generation and storage, electric vehicles, infrastructure and natural capital.
New South Wales network operator Ausgrid has added another community battery to its portfolio, powering up a 200 kW energy storage system in the Sydney suburb of Cammeray.
China’s REPT Battero has revealed plans to build a lithium-ion battery plant in Indonesia, targeting 8 GWh of annual production capacity in the first phase.
RACV has added virtual power plant (VPP) services to its catalogue of membership offerings and follows integration of the FCAS-friendly PowerSync platform with solar and battery installations at RACVs Torquay and Inverloch resorts in Victoria.
After tumbling to record lows in 2024 on the back of lower metal costs and increased scale, lithium-ion battery prices are expected to enter a period of stabilisation.
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