Read on to find out if investing in home solar power is worth it for you and your family. What Is the Average ROI for Solar? The estimated average return on investment for residential solar power systems that generate
The Challenge of NEM 3.0 Net energy metering has helped to make California''s solar market the largest in the United States. At first quarter-end 2023, the state had more than 13 gigawatts
In this article, we look at both these schemes and the battery projects that have won contracts. Executive Summary The Capacity Investment Scheme (CIS) and Long-Term Energy Service
Integrating solar PV and battery storage systems into facility management represents a strategic approach for Australian businesses seeking to reduce electricity costs,
Australia is on an ambitious path – by 2030, 82% of our electricity must come from renewables, doubling today''s levels. But as electrification surges, grid connection delays and price volatility pose real
This extract is from a recent report by Climate Energy Finance. The report highlights the rapid progress in Australia''s electricity sector transition, emphasising that the nation is on track to achieve its ambitious target of 82%
With global demand for clean energy accelerating, the economics behind solar are evolving fast. But how do these returns stack up against traditional assets like stocks or real estate? In this article, we unpack
Solar energy ofers a pathway towards a low-carbon, resilient, and inclusive global energy landscape. It spearheaded remarkable growth, achieving 226 GW installations in 2022,
Investment in large-scale renewable energy generation continues to trend upwards in Australia with more than 1.4 GW of new solar and wind projects, worth $3.3 billion, reaching financial
Unlocking the financial benefits of solar power in Australia. This analysis dives into solar investment return, exploring payback periods and factors impacting return on
Australia has a massive pipeline of grid-scale battery energy storage projects. 16.5 GW of new battery projects could arrive in the NEM in the next 3 years.
Quarterly Investment Report: Large-scale renewable generation and storage, Q2 2025 Quarter 2 2025 marked another soft quarter of investment activity across Australia for both large-scale electricity generation and energy
For instance, a residential solar-plus-storage system might have a different ROI compared to a large-scale utility battery storage project. Impact of Incentives and Subsidies
Figure 1: Quarterly installed capacity of rooftop solar PV in Australia since 2016 (unadjusted data) Source: Clean Energy Regulator data, Australian Energy Council analysis, data as of 21 April
By 2030, the nation is expected to double its solar power capacity, driven by a blend of innovation, policy changes, and consumer demand. Predictions suggest that advancements in solar panel technology, battery
Chris Bowen reveals some of the staggering numbers behind Australia''s 82 per cent renewables target, and some of the labour and supply challenges.
BNEF''s forecast suggests that the majority of energy storage build by 2030, equivalent to 61% of megawatts, will be to provide so-called energy shifting – in other words, advancing or delaying the time of electricity dispatch.
While the Territory are focussed on solar energy to help sustainable schools, the potential for HIVVE portables to be equipped with batteries to run off grid can avoid the need for schools to pay significant upfront
A push to power schools with solar and battery storage is underway on two opposite sides of Australia this week, with the launch of the Synergy Schools VPP pilot program in Perth and, in NSW, a call for tenders to
1980 is calling – it wants its power lines back The simple reality of boosting our energy network with renewables is that our current infrastructure cannot handle the increased volume. Australia is in desperate need of high
As Australia''s national science agency, CSIRO has turned its decades of expertise in energy to answer this challenge through this Renewable Energy Storage Roadmap. We delivered our
This Stem whitepaper provides an in-depth look at how NEM 3.0 changes the landscape for new solar + storage projects in California – and how battery storage and AI-driven modeling are key
In our blog below, we share just some of the many reasons why solar panels have become a popular and worthwhile investment investment in Australia, plus highlight how
Australia is on track to meet the Federal Government''s target of generating 82% of electricity from renewable sources in the National Electricity Market (NEM) by 2030, according to a new report released by independent think tank Climate
ROI is how much value your solar battery storage system will provide over its normal 10 to 15-year lifespan. The average playback for residential is 4 to 7 years, while for
Australia is making strident gains in decarbonising its electricity grid. Renewable sources more than doubled to almost 40% since 2017 and Australia leads the world in rooftop solar. Utility scale renewables are also
This article discusses recent developments in large-scale and small-scale renewable energy investment in Australia and the drivers of this investment. It then considers the implications of
NREL''s PVWatts ® Calculator Estimates the energy production of grid-connected photovoltaic (PV) energy systems throughout the world. It allows homeowners, small building owners,
A simpler, yet more effective solution is to use the flexible demand of domestic electric water heaters (DEWH) and shift it to PV generation periods during the day. DEWH includes two main
Chris Martell (GSES) Purpose of project Australia is rapidly transitioning to renewable energy, with solar power playing a key role. However, the performance of rooftop solar photovoltaic
Investments in battery storage within Australia''s National Electricity Market (NEM) are increasingly profitable due to higher power price volatility and changing market dynamics, according to the latest report by
For instance, a residential solar-plus-storage system might have a different ROI compared to a large-scale utility battery storage project. Impact of Incentives and Subsidies
Image: Synergy LinkedIn A push to power schools with solar and battery storage is underway on two opposite sides of Australia this week, with the launch of the Synergy Schools VPP pilot program in Perth and, in NSW, a call for tenders to install solar and batteries across 25 regional and metro schools.
By 2030, most Australian homes could incorporate solar systems with integrated battery storage, making energy independence a reality for millions. Businesses are set to embrace solar energy as a cost-effective, sustainable solution.
They allow schools to educate students about renewable energy and the importance of reducing environmental impact. By incorporating solar energy data into the curriculum, schools can offer practical lessons on energy conservation and climate science, fostering a culture of sustainability among students. Real-World Learning Experiences:
By 2030, solar energy systems will seamlessly integrate with advanced grids, enabling real-time energy management, storage, and distribution. This innovation will ensure energy reliability and optimise the use of renewable energy resources. Grid modernisation Modernising the electrical grid is essential for accommodating increased solar capacity.
The excess energy will be utilised across other school buildings with a behind the meter connection, reducing the school’s overall reliance on grid power. When the Bracken Ridge portable was launched, HIVVE co-founder Richard Doyle said solar power has an energy profile perfectly matched to the demands of a school day.
The scenario results suggest that, across the NEM, an additional 11–14 GW/59–69 GWh of storage capacity will be required by 2030 (Figure 10). Large, committed energy storage projects to 2030 only account for around 3.7 GW.
