South Australia is fueling energy storage investment

In September, South Australia confirmed a plan to set up an AU$100 million (USD $72 million) fund to help households purchase home energy storage batteries.

Households could receive subsidies of up to AU$6,000 (USD $4,300) on a purchase of a battery that would store electricity either from a solar-panel system or from the South Australian grid. The electricity could then be used during an emergency or a blackout.

After a year as the home of the world’s largest grid-tied battery (built by Tesla), South Australia is becoming a hub for battery investment.


More Stories From Around the Web: