A green bond has been issued in Australia that will give people the chance to invest in energy storage for the first time.
Fluence will supply the latest large-scale battery energy storage system set to be deployed in South Australia, which has secured non-subsidised debt financing.
Subsidies will be available to residents of South Australia who want to purchase home battery systems from next month, while Sonnen looks set to open up a manufacturing and shipping centre in the state.
Australian real estate developer Mirvac looks set to put a sizeable amount of solar-plus-storage into brand new homes in Sydney and Brisbane, with help from the national Clean Energy Finance Corporation.
Australia’s Clean Energy Finance Corporation (CEFC) will help finance the country’s first “unsubsidised large-scale grid-connected battery”, co-located with a wind farm in South Australia.
The Clean Energy Finance Corporation (CEFC) and the Australian Renewable Energy Agency (ARENA) have both financed the Kennedy hybrid solar, wind and storage project in north Queensland, which is being developed Windlab and Eurus Energy.
Energy Renaissance is constructing a 1GWh per annum lithium-ion battery storage manufacturing plant at Darwin, in the Northern Territory of Australia, while CEFC has financed a 2Mtpa lithium concentrate mining project in Western Australia.
Australia will launch a new large-scale energy storage funding round, the country’s prime minister Malcolm Turnbull has revealed.