Beyond #Tesla: solar-powered battery could challenge #Australia’s soaring electricity prices

#Australia is at the dawn of a battery storage revolution. A recent report from US-based IHS Technology states that Australia’s energy storage market will grow from less than 500 #Battery installations in 2015 to 30,000 installations by 2018, while #MorganStanley has found that half of all households in Australia are interested in installing #SolarPanels with battery storage, with the market potential estimated to be $24bn.

From the #Lithium battery #Tesla #Powerwall unit to the lead acid gel battery of All Grid Energy’s Grid Watt system, the Australian market seems to be welcoming one battery innovation after another.

Read more at: http://www.theguardian.com/sustainable-business/2016/apr/19/beyond-tesla-solar-powered-battery-could-challenge-australias-soaring-electricity-prices

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