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Energy Storage

WA apartments use blockchain to reduce energy bills by 30%

Yolk Property Group has partnered with Power Ledger to implement blockchain technology at their Evermore development – powered by solar PV and battery storage technology – allowing residents of the 24 apartments to buy and sell solar power amongst themselves, thus ensuring considerable saving on residents’ electricity bills.

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WA energy minister shifts focus from solar subsidies to battery incentives

The Western Australia government has signaled scrapping or winding back subsidies for rooftop solar, while looking for ways to boost battery uptake.

CEFC invests in 1,100 MW clean energy projects in FY18

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.

Tasmania undertakes FiT review, inaugurates major commercial solar PV project

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.

Storage market attracts new entrant: Italian battery controller Bamboo

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.

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Natural Solar, sonnen deploy blockchain in 12-home project

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%.

Redflow supplies $1.6 million Fiji order with Thai-produced batteries

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.

Distributed energy storage standards project launched

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.

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Solar and battery hydrogen innovation hub to be built in Western Australia

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.

CEFC commits $35 million to smart meter technology

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.

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