The South Australian government has released an update on the energy storage uptake under the nation’s biggest home battery rebate scheme. With a total of 101 batteries already installed and more than 500 households now in line for installation, a further influx of applications is expected as public awareness builds.
Over 70,000 Australian households will install battery storage in 2019, according to the Bloomberg New Energy Finance (BNEF). With the nation’s storage demand set to triple, Australia is forecast to make up 30% of global demand this year.
Seeing the Australian residential battery storage market as poised to take off, Senec’s Jaron Schächter, one of three Managing Directors of Senec Germany says that it looks to build “strong partnerships” as it continues to expand into market.
The EV and battery maker wants to start production of its Model 3 for the Chinese market by the end of the year. Next year, according to high-profile CEO Elon Musk, mass production of electric cars will start there, and this is expected to include their batteries as well.
A new three-phase residential inverter and battery solution will be introduced to the Australian market in the new year. Fronius and BYD underlined their collaborative agreement when representatives of the two companies met “recently” in Austria. Fronius believes the solution is the first of its kind to provide “this type of emergency power supply.”
While little action is seen on the federal level, energy storage is increasingly coming to the fore as part of state and territory energy policies. With a rising number of residential battery subsidy schemes taking shape in Australia, funding appears to be slowly moving away from solar to energy storage. Such initiatives are poised to not only reshape the battery storage market, but also have a major impact on the grid, making it more reliable, responsive, and flexible.
The Canadian battery manufacturer says its order book has crossed the $1.5 million mark in less than two weeks after joining the South Australian Home Battery Scheme.
After months of preliminary work, the time has come: With its PV+home storage network, sonnen GmbH has received prequalification from TenneT to participate in Germany’s primary control energy market. While it is currently allowed to deliver 1 MW, the goal is to supply 100 MW.
After around 1200 applications were lodged for the original 1500 packages in as little as two weeks, the Queensland government has introduced an additional 1000 battery grant packages to help households and small businesses cut their energy bills with the help of solar and storage.
The second phase of the proposed 250 MW virtual power plant will see Tesla Powerwall batteries and solar panels installed on 1,000 South Australian households.
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