Tesla Chooses Australia For First Battery Powerwall
Tesla has chosen Australia as its first market for Powerwall which has the potential to transform the solar off grid equation. Solar viability for business marches on.
Here's the story from RenewEconomy:
Australia has been named as one of the first markets – along with North America – that will receive deliveries of Tesla’s much anticipated Powerwall residential battery storage system.
Tesla said on Thursday that it would be launching its 7kWh home energy storage units in Australia in late 2015, alongside North America and the DACH market in Europe, through a “growing list” of Tesla Energy partners. This is ahead of previous predictions of 2016.
One of those partners in Australia will be Canberra-based Reposit Power, which is rolling out a series of trials enabling households with solar and storage to trade energy during the day. Reposit announced in May that its technology would be integrated with the Tesla battery storage unit.
The California-based EV maker describes Australia as a core market for its Tesla Energy products, because of its high electricity costs and excellent solar resources, and the structure of its tariffs.
The Tesla launch earlier this year created a buzz of excitement around the world, and has already brought other manufacturers into the Australian market, and triggered a fall in battery storage prices. Some analysts say battery storage will be a mass market product by 2020, others say it could be before then.
UBS this week noted that households will play a central role in the move to a high renewable energy grid, because of the potential of battery storage to help consumers and grid operators.