New Zealand Solar Storage Container 80kWh

Is New Zealand a key market for storage solutions?

Power Electronics NZ Ltd Operations Director Brent Sheridan sees New Zealand as a key market for storage solutions with future generation growth primarily being led by solar and wind technology. “Both these forms of generation work perfectly in combination with batteries to provide a continuous and stable energy supply.

Who owns 190MW solar PV & energy storage project in Australia?

Developer Fotowatio Renewable Ventures (FRV) Australia has acquired a 190MW hybrid solar PV and energy storage project in Victoria from Acen Australia. Spanish renewables developer Zelestra has signed a long-term power purchase agreement (PPA) with gas provider Abastible for a solar-plus-storage plant in Chile.

Does the Electricity Authority support solar PV & energy storage?

Both solar PV and energy storage have seen increasing support from the Electricity Authority. Indeed, the organisation is actively looking to improve regulations to support more investment in energy storage and new generation, including residential solar PV, to enhance the security of supply.

Where does New Zealand's energy come from?

Meanwhile, Energy Resources Aotearoa, a New Zealand-based energy company, notes that renewable energy sources provide 82% of the country’s electricity mix and around 40% of its primary energy. The other 60% of New Zealand’s energy comes from oil (32%), natural gas (21%) and a small amount of coal.