Energy Storage

Swiss investment firm SUSI Partners is investing up to $50 million in a residential solar-plus-battery project enabling participants from communities across Western Australia to generate and consume their own clean power for up to 90% of their needs. The project, which began a year ago, and involves residents leasing solar PV and battery systems from a not-for-profit organisation.

Abundant sunshine, favorable policy settings and high power prices have long placed Australia at the cutting edge of rooftop solar uptake. The more recent utility-scale boom has further enhanced its status as a PV leader. Battery adoption, microgrids, EVs and green hydrogen are all taking shape, yet what should be an Aussie smart energy no-brainer continues to be dogged by mounting investment uncertainty and a toxic debate on the national level.

A number of massive PV projects have been proposed for Australia’s north, with the concept built around clean power exports to Southeast Asia. Is it Desertec Down Under? Proponents are certainly hoping for more success.

In a deal that can only improve the appeal of renewable energy to the mining industry, Siemens and renewable energy developer juwi have joined forces in a strategic technology partnership set to bring renewable microgrids to the off-grid mine sites.

New research by the World Gold Council identifies greenhouse gas emissions across the whole supply chain of gold mining and sets out a plan to aureate the industry’s carbon footprint with solar PV and other renewables.

Reports from, of all places, Youtube indicate that the Hornsdale Power Reserve is set for a major expansion. Tesla Powerpacks have been spotted being hauled to the battery site, with the reported volume of the deliveries totaling some 500-600 Tesla Powerpacks – indicating that the battery’s capacity is being ramped up.

French renewables developer and big Australian energy player Neoen has reported strong revenue growth over the first nine months of 2019, driven in no small part by Australian successes.

After Genex Power’s offtake agreement with EnergyAustralia fell through earlier this month its concessional federal funding lapsed. However, the Project has secured an extension into 2020, hopefully allowing it enough time to restructure and reach financial close.

Elon Musk has promised a fab near Berlin that will help create up to 10,000 new jobs. Tesla wants to build the facility near the city’s controversial new BER airport.

The Western Australian government is looking to retrain 100 electricity network workers in the installation and maintenance of standalone power systems. Solar and storage systems could replace large parts of the state’s electricity network and WA’s utilities are looking to reskill its workforce for the transition.