Announcing the appointment a new managing director for Australia and Asia Pacific, the German storage provider has confirmed it expects to produce the first batteries from its production line at the former Holden site in Elizabeth, SA, next month.
Know for its blockchain-based P2P platform that allows energy trading between households, the Perth-based company is now launching a new token designed to provide retail investors with the opportunity to fund and generate revenue from shared renewable energy infrastructure.
The 30 MW / 30 MWh Ballarat Battery Energy Storage System has been officially commissioned by the Victorian Labor government, as the first of the two grid-scale batteries that will provide support to the Victorian grid by the start of this summer.
The Victorian Labor government is providing funding to a new microgrid project in Yackandandah, to help cut energy bills for local residents and help the community achieve their 100% renewable energy target.
Peer-to-peer lender RateSetter has been named the exclusive administrator of the South Australian government’s Home Battery Scheme. Based on a funding deal with the Clean Energy Finance Corporation, RateSetter will offer $100 million in loans in cases when the upfront costs of the home battery system installations are not met by the South Australia government subsidies.
The $164 million Bomen Solar Farm near Wagga Wagga has been approved by the New South Wales Department of Planning and Environment. Construction is scheduled to begin shortly.
For renewables to claim a more sizable share of the global energy mix, the adoption of energy storage would need to pick up pace and the rapidly increasing size of the EV fleet will offer a scalable way to ramp up such access, says Fitch Solutions.
Australia’s first community battery trial will see a bulk Tesla battery integrated into existing grid and owned and operated by Western Power and Synergy.
After addressing grid connection challenges, the French renewables giant has launched construction on the 256.5 MWp Kiamal Solar Farm. It is now looking to add a second stage of up to 194 MWp, and is exploring commercial options for the approved 380 MWh of energy storage.
Mercedes Benz execs join Eguana Technologies to help drive Calgary-based business’ global expansion plans.
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