Over a gigawatt of battery storage has been proposed in a plan to enable the wider rollout of renewables by Powercor, owner and operator of an electricity distribution network serving more than 800,000 customers in the Australian state of Victoria.
Australia’s Clean Energy Finance Corporation (CEFC) has invested AU$160 million (US$127.6 million) in a 300MW battery storage project near Geelong, Victoria.
Australia’s national Clean Energy Finance Corporation (CEFC) has said it will commit AU$50 million (US$34.14 million) to help fund expansion of landmark Hornsdale battery project in South Australia.
Make no mistake – headlines in the mainstream press this week around Australia, climate change and energy are not positive. But enthusiasm at state level, where arguably politicians have closer relationships with their constituents, appears to run counter to apathy or even obstructionism from the top.
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.
