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Energy Storage

Interview: Sonnen MD resigns, launches start-up

During the past three years, Philipp Schröder has built up and consolitaded the sonnen brand. Now the self-proclaimed “Sonnen Warrior” is going his own way, although he will remain an advisor to the German storage provider. Managing Director, Christoph Ostermann regrets the departure, but emphasizes that with the strong management team that has been established, he will continue to promote the company’s growth.

Genex acquires 50 MW NSW solar project

The Sydney-based publicly-listed developer is planning to finance construction of the 50 MW Jemalong solar project either on a merchant basis given the strong NSW price forecast, or under a potential offtake arrangement.

South Australia earmarks $180 million for home & grid-scale batteries, demand response

The South Australian government says it is looking to implement a series of reforms to improve the reliability, affordability and security of the state’s energy market. According to its latest state budget, released on Tuesday, it has allocated $180 million to execute the program.

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Origin to develop 5 MW virtual power plant in Victoria

Following a grant from the Victorian government, Origin Energy is gearing up to connect solar and battery systems of up to 650 residential and commercial properties across the state, in what will be its first virtual power plant and the largest one in Victoria to date.

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Vicinity ups the ante with another $50 million investment in shopping center solar

The ASX-listed retail asset manager is set to roll out a massive commercial solar project, which will see an accumulated 31.8 MW of solar PV installed on shopping centers across Victoria, Queensland, New South Wales, South Australia and Western Australia.

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Germany reaches milestone of 100,000 installed storage systems

According to the German solar trade association, BSW-Solar the number of energy storage systems in Germany is set to double in two years. Already, politicians recognize the increasing relevance storage has, in light of the progressing energy transition.

Solar with battery back-up tops Aussie farmer wish list

A new report from Commonwealth Bank shows that 76% of Australian farmers would like to invest in solar with battery storage, and more than nine in ten farmers surveyed said they had some level of interest in energy efficiency investment.

Victorian government invests in Melbourne microgrid project

As part of its state-wide microgrid funding promise, the Labor Government has allocated a total of $980,000 for the Ovida Community Energy Hub project, which will install shared solar PV and battery systems in three multi-tenanted buildings in Melbourne.

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Elon Musk scraps plan to take Tesla private

The company’s shares have returned to a level slightly above where they were prior to the August 7 announcement.

Fronius Symo Hydrid now in sync with LG Chem RESU battery

The trademark all-in-one product of the Austrian inverter specialist is now compatible with the LG Chem storage solutions.

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