Tesla

The Australian Renewable Energy Agency has awarded AU$9.6 million in grants for five projects and seven studies into the role of distributed generation assets on the grid – and how to expand their penetration.

The target company, which specializes in supercapacitors, will become a wholly-owned subsidiary of Elon Musk’s business.

Elon Musk’s company is seeing tremendous success with its EVs and global manufacturing, as well as dramatically scaling its energy storage deployment. However the Solar Roof is still not being widely deployed.

Queensland is in line for its first community-scale battery – to be installed on Townsville’s outskirts – because of the high number of rooftop solar systems and close proximity of electricity infrastructure. The energy storage system should be operating by the end of the year.

The US electric car maker wants to start production of its Model 3 in the Chinese factory. Next year, according to high-profile CEO Elon Musk, mass production of electric cars will start there.

According to IHS Markit, energy storage inverter shipments are on track to reach 3 GW in 2018, growing to 7 GW by 2022. Currently, SMA is the market leader. Overall, the competitive landscape is “highly volatile” with expectations that consolidation will continue.

A Wood Mackenzie report shows U.S. energy storage deployments tripling in capacity during Q3 ’18 versus last year’s volume, while noting that the future pipeline growth rate doubled versus prior quarters to reach 33 GW of future projects.

A number of significant manufacturing and investment plans in China, Germany and North America by major automobile makers VW, Tesla and BYD are backing up predictions that electric vehicle car sales are set to skyrocket in the coming decades.

A new report analyzing the world’s largest lithium-ion battery’s performance in the first year of operation shows the Hornsdale Power Reserve has delivered on high expectations of its performance and market impact. It has helped stabilize the grid, avoid outages and reduce system costs, as well as triggered a surge in uptake of similar fast response systems across Australia.

Having closed a green electricity supply deal, changing its stadium lighting to LED and recycling 80% of matchday waste to power its turf, the football club has now unveiled the first 2 MW stage of a 3 MW storage system to slash peak load at the Emirates Stadium.