Commbank launches interest-free loans for solar and battery systems
One of Australia’s “big four” banks, the Commonwealth Bank, will begin offering interest-free finance up to $30,000 to install rooftop solar and home batteries with select merchants. The program will also allow customers to split repayments into instalments over one to five years.
Transformer shortages: New bottleneck of the energy storage supply chain
Transformer shortages are taking their toll on battery energy storage system (BESS) integrators, as competition in the market intensifies.
Trina unveils new 4 MWh battery fully manufactured in house, pushing into bullish battery segment
Trina has unveiled its new utility-scale battery, the Elementa 2, at Melbourne’s All-Energy conference. The company is offering design engineering services to support uptake of the 2 MW / 4 MWh LFP battery for Australian projects.
Investigators still uncertain about cause of 30 kWh battery explosion in Germany
A lithium iron phosphate (LFP) battery system recently exploded in a home in central Germany, preventing police and insurance investigators from entering due to the high risk of collapse. The explosion may have been preceded by off-gassing, but it remains unclear whether an external ignition source was the cause. Some scientists say thermal runaway may have triggered the blast.
New market player snaps up 370 MWh Victorian battery project
Asset management company Sosteneo Infrastructure Partners has made its first foray into the Australian renewable energy market, purchasing the 185 MW/370 MWh Koorangie Energy Storage System in northern Victoria from Edify Energy.
Strategies to develop ‘solar neighborhoods’
Researchers from the Australian PV Institute are part of an international group of scientists that have devised a list of recommendations to support the creation of solar neighborhoods. In a recently published study they highlight the importance of legislative frameworks and advanced computing.
Weekend read: Australia’s big BESS, big bet
As Australia’s big battery fleet continues to charge ahead, the battery revenue stack is evolving – and so are financing opportunities.
Redback offers early look at latest hybrid battery during All-Energy
Queensland battery company Redback Technologies offered a first look at its latest generation hybrid battery storage product at All-Energy this week, flagging it will offer special discounts to early customers when the product officially hits the market in Q2, 2024.
MPower strikes panel, tracker supply deal with Trina Solar
Australia’s MPower has inked a supply deal with China-headquartered manufacturing giant Trina Solar that will support the ongoing rollout of the renewables developer’s portfolio of mid-scale solar power and battery energy storage projects.
Climate jobs campaign warns skills shortage threatens energy transition
Australia needs 200,000 more people in clean economy jobs by 2030, or risks missing its renewable energy targets according to a new campaign backed by Australian tech billionaire Mike Cannon-Brookes.
