Jul 14, 2025 · Renewables developer Edify Energy has unveiled plans for a major 2.4 GWh solar and integrated battery energy storage facility in Australia, adding to its growing portfolio of
Jul 17, 2025 · Chinese smart renewable energy solutions provider Envision Energy has joined forces with FERA Australia to develop up to 1 GW of wind and 1.5 GWh of battery storage
Aug 19, 2025 · Sydney-based renewables developer Ace Power and the local arm of Japanese energy giant Osaka Gas are seeking approval under the federal government''s Environment
Jul 18, 2025 · China-based Envision Energy, and Italy''s FERA Australia have signed an agreement to collaborate on the delivery of large-scale hybrid clean energy projects across
Aug 5, 2025 · The project will feature 1,300MW of wind power generation from 247 turbines and a 500MW, 4-hour duration (2,000MWh) battery energy storage system (BESS). Generator
One out of the four projects incorporates solar PV into its design. Image: EnergyCo. The New South Wales government has announced today (23 April) 3.5GW of solar PV, battery energy storage systems (BESS), and wind generation that have been granted the right to connect to the South West renewable energy zone (REZ).
Only one site has a form of solar PV generation, whilst battery energy storage will be stationed at two of the sites. Origin Energy’s Yanco Delta wind farm, Spark Renewables Dinawan Energy Hub, Someva’s Pottinger Energy Park and BayWa’s Bullawah Wind Farm have been announced as the successful projects.
Since November 2019 the NSW Government approved 22 energy storage systems, with a combined power storage of 7.03 GW – enough to store enough energy to supply up to 1.43 million homes for a day.
The project could be scaled to include around 1,000MW of generation. The only project to incorporate solar PV is Spark Renewables’ Dinawan Energy Hub, which will have a capacity of 1,007MW spread across solar, wind and battery energy storage.
Solar energy is helping to reduce our reliance on fossil fuels, cut air pollution and greenhouse gas emissions and give the people of NSW a reliable and affordable energy supply. Since November 2019 the NSW Government has approved 34 solar energy projects with a combined power generation of 6.87 GW – enough to power approximately 2.8 million homes.
Someva Renewables and AGL have proposed a project in New South Wales, Australia, combining wind, solar and up to 2GWh of batteries.
The global residential solar storage and inverter market is experiencing rapid expansion, with demand increasing by over 300% in the past three years. Home energy storage solutions now account for approximately 35% of all new residential solar installations worldwide. North America leads with 38% market share, driven by homeowner energy independence goals and federal tax credits that reduce total system costs by 26-30%. Europe follows with 32% market share, where standardized home storage designs have cut installation timelines by 55% compared to custom solutions. Asia-Pacific represents the fastest-growing region at 45% CAGR, with manufacturing innovations reducing system prices by 18% annually. Emerging markets are adopting residential storage for backup power and energy cost reduction, with typical payback periods of 4-7 years. Modern home installations now feature integrated systems with 10-30kWh capacity at costs below $700/kWh for complete residential energy solutions.
Technological advancements are dramatically improving home solar storage and inverter performance while reducing costs. Next-generation battery management systems maintain optimal performance with 40% less energy loss, extending battery lifespan to 15+ years. Standardized plug-and-play designs have reduced installation costs from $1,200/kW to $650/kW since 2022. Smart integration features now allow home systems to operate as virtual power plants, increasing homeowner savings by 35% through time-of-use optimization and grid services. Safety innovations including multi-stage protection and thermal management systems have reduced insurance premiums by 25% for solar storage installations. New modular designs enable capacity expansion through simple battery additions at just $600/kWh for incremental storage. These innovations have improved ROI significantly, with residential projects typically achieving payback in 5-8 years depending on local electricity rates and incentive programs. Recent pricing trends show standard home systems (5-10kWh) starting at $8,000 and premium systems (15-20kWh) from $12,000, with financing options available for homeowners.