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Battery storage for renewable resources

by Energy Journalist
June 29, 2018
in News, Renewable Energy, Solar
Reading Time: 3 mins read
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The Queensland Government is seeking out businesses to fast track battery energy storage in an attempt to boost the industry.

Queensland Energy Minister, Dr Anthony Lynham, is urging businesses to get involved in the Interest free loans for solar and storage program, which will see 1500 battery energy storage systems installed across the state in late 2018.

Premier Annastacia Palaszczuk, and Dr Lynham launched the interest-free solar system loan program on Monday, which will see 3500 households gain packages for up to $4500 to install a solar system. Battery storage is the next step.

“In Queensland we have one of the highest penetrations of rooftop solar in the world. Currently there are more than 479,000 households with rooftop solar, and the next chapter in our renewable journey is to store this solar power via battery systems,” Dr Lynham said.

“Soon, battery energy storage will be a standard part of our power technology mix – consumers will have the choice to use their solar power when it suits them, not just when the sun is shining.”

To help kick-start its uptake, later in 2018 the Palaszczuk Government will be offering households and small businesses grants and interest free loans for the purchase and installation of battery systems.

“We are calling for a panel of pre-qualified battery retailers to supply and install the 1500 battery systems for households and businesses as part of our Interest free loans for solar and storage program,” Dr Lynham said.

“These retailers must have a demonstrated commitment to safety, quality and industry best practice, and this tender is open to companies big and small across Queensland.

“If your business is a signatory to the Clean Energy Council Solar Retailer Code of Conduct, or an equivalent retailer code, or if you are applying to be a signatory, then I encourage you to get involved.”

In late 2018 the Interest free loans for solar and storage program will offer grants of up to $3000 and interest-free loans of up to $10,000 for systems with battery storage.

Businesses wanting to become a pre-qualified battery retailer for the Interest Free Loans for Solar and Storage program can access the tender documents through QTender.

Tags: battery energy storageEnergyRenewable energySolarWind

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