Energy Storage

After consistently raising the price of its Powerwall home battery system since 2018, Tesla has finally dropped its recommended retail price to $14,599 (USD 9,818), a substantial $1,631 reduction.

Atlassian CEO Mike Cannon-Brookes’ family fund Grok Ventures is among the initial investors in Canberra-based Infradebt’s Energy Transition Fund. The fund will finance six to eight grid-scale battery projects with a total capacity of up to 2 GW.

The solar ambitions of residents in the western Melbourne suburb of Tarneit are now underpinned by a neighbourhood battery. Victorian network service provider Powercor connected the 120 kW/360 kWh energy storage system to its network to make the most of the strong rooftop PV penetration in the area.

A huge renewable energy zone to be established on the New South Wales south coast has been formally declared, potentially unlocking more than 17 GW of solar, wind, battery storage, pumped hydro, hydrogen and new load projects, including green steel manufacturing.

Spark Renewables, part of the listed network investment company Spark Infrastructure, intends to develop a 1 GW hybrid wind, solar and battery storage hub near Murulan in the New South Wales Southern Tablelands as it continues its push into green power.

Remote power system specialist Circular Solutions is poised to begin work on a new solar farm and battery energy storage system that will more than double the PV generation capacity at the small community of Wurrumiyanga on Bathurst Island off Australia’s northern coastline.

Ahead of the impending closure of the coal-fired Eraring Power Station, the New South Wales Government has given the planning green light for the largest committed battery energy storage system in the southern hemisphere.

A combined 60 MW of solar and 25 MWh of energy storage will be deployed at military sites across Australia as part of a government strategy to increase energy independence and security at the country’s Department of Defence facilities.

EnergyAustralia’s growing appetite for grid-scale energy storage shows no signs of abating with the gen-tailer announcing it has received approval to construct a 350 MW four-hour battery in Victoria’s Latrobe Valley where its Yallourn coal mine and power station are set to close in 2028.

Western Australia-based AVESS is set to deploy demonstration batteries at a WA mine site in the second half of the year. The deployment is about proving the company’s technology, as it plans to move towards manufacturing the flow batteries in Australia from 2024.