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.
The Australian Renewable Energy Agency announced it was partnering with Monash University and software provider Indra Australia to trial a microgrid on Monash’s Clayton campus in Melbourne. The microgrid will cover 100% of the campuses’ electricity needs with renewable energy.
The All-Energy Australia 2018 exhibition & conference kicked off in Melbourne today. Safety of products and quality assurance was prominent in discussions at the country’s largest PV conference and trade show in its early hours. Big funding announcements at the opening plenary made headlines.
Under the terms of a settlement with the Securities and Exchange Commission (SEC), Musk will be ineligible to serve as chair for three years. The deal also involves a $40 million penalty and structural changes at Tesla.
WA-based renewable energy developer Carnegie Clean Energy has announced the departure of its long-serving managing director Michael Ottaviano and reveled major updates on its projects, including the 10 MW Northam Solar Farm and its solar/battery microgrid projects.
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