Founder and former CEO of SwitchDin Dr Andrew Mears is launching his new venture, Tesseract ESS, at Melbourne’s All Energy today. The proposition expands on his previous technologies to deliver a ‘storage-as-a-service’ model focused on Australia’s C&I segment, providing battery and solar systems at $0 CAPEX to Australian farmers, manufacturers and other businesses. Pv magazine Australia spoke to Mears ahead of the launch.
The federal government has committed $5.4 million in funding to support the creation of a fully electrified community on the New South Wales south coast with the pilot project to provide crucial insights on the shape of Australia’s future energy system.
Ten large-scale solar farms planned for New Zealand’s North and South islands are among 22 renewable energy projects with a combined capacity of 3 GW that have been listed for inclusion in the government’s “one-stop shop” fast-track approvals process.
A 1 MW community-owned battery energy storage system could earn the operators up to $250,000 in revenue each year in Australia according to new analysis from Ireland-headquartered smart energy company GridBeyond.
Australian renewables developer and electricity retailer Flow Power will install a 3 MW DC-coupled battery energy storage system alongside the recently completed Cootamundra Solar Farm in New South Wales in a move designed to improve the flexibility of the facility.
United Kingdom-headquartered battery analytics platform developer Modo Energy is expanding into the Australian market.
The Queensland government’s plan to establish Local Renewable Energy Zones in the regional centres of Caloundra and Townsville has received a funding boost with the federal government to tip in an additional $21.2 million to expand the projects’ solar capacity by an additional 10.6 MW.
Remote power supplier Pacific Energy has signed a multi-year agreement with West Australian regional energy provider Horizon Power to supply the popular tourist town of Exmouth with up to 80% renewable energy every year for the next 20 years.
The International Energy Agency’s latest report warns that failing to support integration at the point of deployment could jeopardise up to 15% of solar and wind projects by 2030. This shortfall would reduce their combined share of the global electricity mix by 5%.
Ireland-headquartered technology company GridBeyond has launched an AI-driven platform that optimises manufacturing plant energy costs, asset load and on-site generation or storage technologies.
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