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Energy Storage

Distributed storage market to grow nearly twentyfold by 2028

Market intelligence company Navigant Research has developed a country forecast of the global market. Incentives and pricing will be the main driver of installations, though the market will continue to be concentrated in certain key regions for now.


Investors ready US$20 Million for off-grid solar projects in the energy-stricken Philippines

The Philippines is desperately hungry for rooftop solar PV as it seeks to alleviate itself of energy poverty. Pathways are finally opening up for the vast Southeast Asian nation with investors readying US$20 million to fund four new renewable projects.


New tool to assess costs and benefits of switching to green hydrogen

A result of a collaboration between global accounting and financial services firm KPMG, Canadian gas giant ATCO, Australia’s national science agency CSIRO and Australian Renewable Energy Agency (ARENA), H2City can be used to assess the costs and benefits of regional town or municipality switching to hydrogen.

Tuvalu granted $6m for renewables ambition

The Asian Development Bank has signed off a grant for the South Pacific island nation to move on its plans to be 100% renewable by 2025.

Solar Homes battery rebate expands to another 80 postcodes

The Victorian government has extended its solar battery rebate from the initial 24 to 104 postcodes. Meanwhile, the demand for solar panel rebates has slightly slowed down.

RedEarth partners with Siemens on new modular battery

Australian manufacturer RedEarth has announced a new energy storage system for the Australian commercial and industrial market using technology from the global engineering and technology company, Siemens.

Kidston solar-pumped hydro project stalls as funding falls through

Genex Power has failed to lock in a previously announced offtake agreement with EnergyAustralia for its landmark Kidston hub in northern Queensland and requested a trading halt with the ASX on their securities.

Tasmania firms its ambitions of becoming Battery of the Nation

Hydro Tasmania has released a white paper pushing the island state’s claims to become the Battery of the Nation via upgrades to the Victoria-Tasmania interconnector, an effort to unblock the backlog of solar and wind.


Massive AGL deal set to push Australia into the battery age

AGL, Australia’s biggest power producer, has inked a deal that will see the development of four large-scale batteries in NSW. The agreement is an attempt to secure against fluctuating prices during peak periods.


Australia’s pipeline of renewable energy projects swells over 130 GW

With 2019 already a record year for utility solar, wind and storage project proposals, Norwegian-based energy analyst Rystad Energy predicts Australia’s renewables boom could see coal-fired generation extinct by 2040. According to the Australian National University (ANU), the unprecedented growth in generation from wind and solar can slash Australia’s carbon emissions by 4% over the next few years, but the Clean Energy Council sees things differently.


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