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 […]
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 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 […]
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, […]
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 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. […]
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 […]
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 […]
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. […]
Victorian solar feed-in tariffs determine how much residents get for the electricity their solar panels feed into the grid. In Victoria, depending on your electricity retailer and your plan, your feed-in tariff can be fixed rate or time-varying. From July 1 2019 to June 30 2020, the minimum fixed rate feed-in tariff your retailer can […]