Australia already boasts one of the biggest pipeline of virtual power plant (VPP) projects. From big utilities to state governments, initiatives to orchestrate distributed energy resources that help support the grid have proliferated in recent years. Marija Maisch takes a look at Australia’s VPP ecosystem and how market players see it.
The electric carmaker has signed 12-month credit agreements with three of China’s ‘Big Four’ lenders as well as the development bank for Shanghai as it aims to get its lower-priced Model 3s rolling off the production line by the end of the year.
Professor Thomas Maschmeyer and his team of researchers at Sydney Uni spin-off Gelion Technologies have developed a scalable, inexpensive zinc-bromine battery, they say is safe for home storage, remotely serviceable for far-flung solar installations, and cool under pressure.
In May 2018, oil giant Shell invested in German manufacturer Sonnen. Now the 112-year-old company wants to fully acquire the business, subject to Germany’s monopoly authorities. Sonnen said it hopes the deal will accelerate its growth by expanding its market reach and capacity.
A Dutch start-up has designed an electric vehicle that runs solely on solar energy, and aims to deliver its first models next year. The car will also be available to lease.
Solar ‘lease-to-own’ installer ShineHub has chosen Hanwha Q Cells as preferred solar panel provider for its Community Solar Program under the South Australian battery scheme.
Backed by an estimated $15 million raised from the sale of renewable energy certificates, EnergyAustralia will install free solar PV and battery systems for participating charitable organizations, with the goal to connect them into a virtual power plant and slash their electricity bills by as much as 50%.
Australian-based Redback Technologies is now eligible for subsidies under the South Australia Home Battery Scheme, alongside nine other brands. The company manufacturers its solar inverter-battery hybrid systems overseas.
With li-ion battery supply chains stretched by the rapid EV and energy storage uptake, Western Australia is looking to position itself at the forefront of global battery manufacturing. The state government has launched a strategy to grow WA’s future battery industry, which includes plans for an investment attraction strategy.
Elon Musk’s company is seeing tremendous success with its EVs and global manufacturing, and dramatically scaling its energy storage deployment, but the Solar Roof is still not being widely deployed.
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