“Australia is a rapidly growing market for the Company and BayWa was a clear distribution partner for national coverage,” stated Justin Holland, Chief Executive Officer for Eguana Technologies. “First orders have been received, with the first container shipment scheduled in early December 2018, after product and installation training have been completed.”
Australia remains the world’s fastest growing market for residential energy storage and is supported by both utilities and state governments. Eguana’s Evolve product delivers advanced capabilities for customers under innovative demand response and Virtual Power Plant (VPP) programs being established to increase grid reliability, along with standard back up power and solar self-consumption. “Australia is currently the world’s most densely saturated residential solar roof top market, with a relatively low number of integrated batteries installations, opening both new and retrofit markets for Eguana,” Holland added.
“The Australian market needs a reliable supply of high capacity residential energy storage systems,” said Durmus Yildiz, Managing Director at BayWa r.e. Australia. “The Evolve system has impressive grid interactive capabilities and we look forward to developing remote power solutions for our customers on Eguana’s energy storage platform.”