US alternative investment fund backs Social Energy for rapid Australian expansion
UK-based Social Energy launched in Australia with the help of shareholder Shane Warne back in 2019. Now the smart energy firm is being backed with a significant investment from US-based alternative investment fund manager CarVal Investors in order for the company to rapidly grow Down Under.
Victoria’s first ‘solar sponge’ community battery network to be developed
In what is believed to be a Victorian first, CitiPower and Yarra Energy Foundation will parter to create a community battery network in the Melbourne CBD and inner-city suburbs.
Standalone power systems could confer up to $1.5 billion in saved network costs and community resilience to disaster
Edge-of-grid communities are under increasing threat of debilitating power outages due to disasters driven by climate change. A new report quantifies the benefits of transitioning some 244 communities to microgrids or individual power systems.
Australian world-first domestic hydrogen battery signs an iconic investor
The LAVO 40 kWh battery incorporates an electrolyser, groundbreaking UNSW materials science, and Australian fuel-cell technology, in a slick unit that will be market ready in June this year. Gowing Bros last week became an equity investor and LAVO’s first major customer.
Queensland develops 100% solar + battery neighbourhoods
Housing developers around Australia are catching on to the allure of incorporating solar in buildings from the get go. This weekend the Queensland Government announced plans for two new state-sponsored solar-powered residential developments to light the way for more private companies to install rooftop PV and batteries as a matter of course.
A duck for coal generators in VIC as twin outages failed to register through strong solar
Two outages at coal fired power generators in Victoria last weekend failed to faze the energy market as strong solar uptake ensured wholesale prices actually fell into the negative despite major units going offline at the height of summer.
International partnership to develop solar hydrogen plant at QLD college and golf academy
The Hills International College and Golf Academy in Jimboomba, Queensland (QLD), which boasts former World Number 1 Jason Day as an alumnus, is partnering with Sydney-based renewable energy outfit Energy Estate to develop the Jimboomba Renewable Hydrogen Plant.
510,000+ Victorian homes now saving with solar
After a rocky start the Victorian Labor Government’s ambitious Solar Homes program gets the rebate recipe right and celebrates a major milestone in the push to have 50% renewable energy in its grid by 2030.
VSUN Energy pushes ahead with residential flow battery plans
Vanadium flow battery specialist VSUN Energy is pushing ahead with plans to develop a Vanadium Redox Flow Battery (VRFB) for the Australian residential market.
Redflow battery customer trials give the final finesse before production begins
Redflow CEO, Tim Harris, is confident the company’s Gen3 flow battery will go into production in the first half of this year, once the results from its customer trial are evaluated.
