THURSDAY 22 OCTOBER, 2009 |

Australian Solar Power Incentives For Business Go Begging

Melbourne, Victoria, October 22, 2009. Many Australian business owners are
missing out on numerous incentives available for making the switch to solar
power.
According to Max Sylvester, co-founder of national solar power solutions
provider,
Energy Matters, some of
the
rebates
and incentives programs available aren't well advertised.
"There's a pot of money and tax breaks available to owners of businesses
large and small to install solar power - if people know where to look. What
we've done is to bring together summary information on the
Energy
Matters web site. After reviewing the basic information, instead of business
owners then having to spend their valuable time chasing details all over the
web, they can just email our team or call us on 1300 727 151 and we'll provide
them with further information on programs they may be eligible for."
Some of the incentives include:
- Rebates of up to $7200 under the Solar Credits program
- Feed in tariffs where owners of systems are paid a premium rate for
electricity produced
- Government grants of up to half a million dollars towards the purchase of
solar power equipment
- Renewable energy certificates
- Tax deductions of up to 50%
Mr. Sylvester advises business owners act sooner rather than later. "Solar
power is a great way for businesses to demonstrate a solid environmental
commitment to their customers, but over the last 4 months we've seen three very
important incentive programs axed prematurely and with little to no notice - so
the end dates of some of these schemes shouldn't be seen as being written in
stone."
Further information:
Solar
power incentives for Australian business.
About Energy Matters
Energy Matters is one of Australia's largest companies solely dedicated to
renewable energy solutions for residential and commercial applications. Energy
Matters is also active on an industry level and in the community in lobbying the
Government on challenges facing the local renewables sector and providing
education on topics relating to solar and wind power, sustainability and other
environmental issues.
CONTACT:
Max Sylvester
Energy Matters
PH: 1300 727 151
max.sylvester@energymatters.com.au
http://www.energymatters.com.au
Electric Car Battery Recycling To Benefit Solar Power

Nissan Motor Co., Ltd. and Sumitomo Corporation recently announced an initiative
based on the 4R's - to reuse, resell, refabricate and recycle lithium-ion
batteries from electric cars for use as energy-storage solutions elsewhere.
While there is no existing supply of such batteries, by 2020 in Japan, the
demand for electric car battery packs is expected to reach the equivalent of at
least 50,000 vehicles per year.
Even after the end of normal vehicle life, the high-performance lithium-ion
batteries used by Nissan will still have 70 to 80 percent of residual capacity
and could be used as energy storage systems for
off
grid solar power applications. Lithium-ion batteries used in electric
vehicles store massive amounts of energy and are far lighter and smaller than
their traditional
deep
cycle battery counterparts.
The scheme will also help reduce the cost of electric car ownership as electric
car battery packs are currently very expensive. According to Hideaki
Watanabe, head of
Nissan's Zero
Emission Business Unit, "Nissan is exploring several options
including battery lease or credit model based on a monthly payment scheme. With
this proposition, the total running cost, which equals the monthly battery
payment plus the cost to charge the battery, is comparable to the cost to refuel
a similar gasoline-powered car."
Additionally, the program will help Nissan reduce the environmental impact of
its electric car production.
The two companies will firstly undertake a joint feasibility study, with view to
the program being operational by late 2010; initially in Japan and the United
States.
While these recycled batteries will only be able to address a small portion of
the off grid solar market, recent major investments in electric car battery
technology may see lithium-ion batteries developed specifically for the
renewable energy market soon.
News for Wednesday 21 October, 2009
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