Looking back on the 2017-18 financial year, the Clean Energy Finance Corporation (CEFC) has confirmed it provided $1.1 billion towards renewable energy projects, including 10 large-scale solar projects.
The Tasmanian government is undertaking a review of the FiT support scheme, which it says will lower the cost of electricity for Tasmanian households and small businesses. With one of the state’s largest commercial solar PV projects commissioned yesterday, the government is edging towards its objective of making Tasmania’s electricity 100% renewable by 2022.
Italian renewable monitoring platform provider Elemize is looking to bring its battery controller unit Bamboo to the Australian market. Targeting aggregation uses such as in Virtual Power Plants (VPP), Elemize is aiming at Australia being the first market it expands into after its native Italy.
Installer Natural Solar is equipping 12 homes in Sydney with rooftop PV and sonnen batteries, and will utilize blockchain technology to facilitate P2P trading of electricity between households. The mini virtual power plant (VPP) project will allow the homes to reduce their electricity demand from the grid by 90%.
Brisbane-based redox-flow supplier Redflow has begun shipping batteries from its new Thai manufacturing facility to Fiji, under a $1.6 million telecommunications supply deal. The batteries will be deployed by New Zealand’s Hitech Solutions to power Fiji’s new digital television network over the next six months.
DNV GL, Deakin University, the CSIRO, and the Smart Energy Council have come together to collaborate on a two-year project to develop a new performance standard for distributed energy storage systems. The work behind the proposed Australian Battery Performance Standard is being funded $1.9 million from ARENA and the Victoria state government.
Canadian-owned gas network operator ATCO is developing a micro grid at its Jandakot facility, which will use solar power to produce hydrogen fuel. The Australian Renewable Energy Agency has committed $1.5 million to the project.
The Clean Energy Finance Corporation (CEFC) has completed its first smart meter technology financing, backing the expansion of intelliHUB, a joint venture between private equity investment firm Pacific Equity Partners and smart meter manufacturer Landis+Gyr.
Farms affected by power outages in the McKinlay Shire, north-western Queensland, can now go off grid – through a new solar+storage containerised solution from Germany’s Intech.
The suggestion of additional investments beyond the $1.6 billion follows reports of battery cell shortages as Tesla’s Model 3 picks up production. It is unknown what impacts this will have on Tesla’s stationary storage business.
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