Booming solar power in June drives share of renewable energy above 30% of NEM
Rooftop solar power helped drive the renewably generated energy share of the electricity market above 30 per cent for most of June. Green Energy Markets’ latest update shows solar power is shining on the National Electricity Market (NEM), even in winter. Solar capacity ensured renewable energy contributed above 30 per cent of the market energy […]
Clean Energy update shows record investment in Australian renewable power
The Clean Energy Finance Corporation has issued an update on Australian renewable power, while redefining its priorities for the financial year. The CEFC made new investment commitments of almost $1.5 billion in the 12 months to June 30 2019. Its investment spread across 30 transactions with a total value of $6.3 billion. The CEFC is responsible […]
Tesla’s new Megapack muscles in with 3 MWh of grid-scale renewable energy storage per unit
Move over, Powerpack – the Tesla Megapack is shaking up the renewables sector with each unit offering 3 MWh of storage. Tesla says the Megapack comes straight from the factory fully assembled, along with its own sophisticated software and machine learning platform. The California based company claims Megapack arrays can provide a zero-emissions, 250 MW/1 […]
Australia close to national battery standard following draft approval
Australia is close to implementing a national battery standard. This follows Standards Australia’s approval of a first draft of regulations covering energy storage in an announcement last week. The Clean Energy Council (CEC) applauded the move as a big step forward for the growing energy storage industry. However, some stakeholders are unhappy with the requirements. That’s […]
South Australian virtual power plant cuts energy bills as phase 3 begins
Tesla’s South Australian virtual power plant (VPP) is already saving low-income households more than 20 per cent on their electricity bills. The government reports that SA’s most disadvantaged households are pooling output from free solar panels and Tesla Powerwall 2 batteries to cut power bills. Individual solar battery systems within the VPP connect to form a large, […]
Japan primed for cheap energy storage thanks to Chinese battery giant
Chinese electric vehicle battery maker CATL will soon sell home solar batteries to a Japanese market starved of cheap energy storage. CATL, the world’s largest maker of electric vehicle batteries aims to slash the price of Japanese home batteries by providing components. CATL’s Japanese partner Next Energy & Resources will then assemble them. With a […]
South Australian Government seeks to include renters in Home Battery Scheme
South Australia is looking to expand its $200 million SA Home Battery Scheme to include rental properties. Of the 2,300 subsidies approved under the program, just 11 have been for batteries in households occupied by renters. Since it opened 10 months ago, the HBS has seen over 1,500 home battery systems installed around the state. […]
Protesters call on Victorian Government to fix Solar Homes Program before it kills the industry
Victorian solar industry members have called on the state government to remove quota caps on its Solar Homes installation rebate program and expand the program by August 1. An industry rally outside Parliament House this morning called for drastic changes to the Victorian Solar Homes Program. Solar installers say the program has been implemented so […]
Queensland’s CleanCo calls for clean energy: 5 solar farms make shortlist for 400 MW reverse auction
CleanCo, Queensland’s state-owned clean electricity generating and trading company, wants clean energy projects to bid for contracts in regional investment. Ten renewable projects are short-listed. These include wind farms, commercial solar installations, as well as hydroelectric power stations in Far North Queensland (FNQ). CleanCo will provide up to 400 MW of new generation and storage […]
Understanding the Tesla Powerwall 2 Price: A Comprehensive 2024 Guide
Tesla has dropped the price of its leading Powerwall 2 battery system for home solar power. The Tesla Powerwall 2 price is now listed at $11,700. This new price is a $650 reduction from the previous list price. For those of us living in states offering solar battery rebates, however, the change might be enough. […]