Australia’s storage market potential is increasingly well known both at home and abroad

GTM’s report follows closely in the wake of several other reports on thesolar system 500kw growth potential of energy storage paired with solar in Australia, mostly published by organisations based domestically. Since August, PV Tech's sister site, PV Tech Storage, has covered reports that have emerged from Australian crowd-funded non-profit organisation Climate Council, technical services company AECOM – commissioned by Australia’s Renewable Energy Agency (ARENA) - and more recently from the Australian Energy Storage Council, an offshoot of the Australian Solar system 500kw

Meanwhile, recent announcements from Tesla and Enphase have confirmed that both US companies share the enthusiasm of GTM and others for the emerging household solar-plus-storage market in Australia. Tesla has confirmed Australia will be one of the initial markets for Powerwall whesolar system 500kw n the EV maker’s home storage battery finally hits the shelves, with Enphase expected to follow suit.

Meanwhile, Tesla’s collaborator on battery packs, Panasonic, is already trialling multiple applications of its own branded home storage devices with utility Red Energy. According to the GTM report, the interest not only of international firms to sell into Australia, but also of Australia’s electricity retailers to diversify into solar-plus-storage, is a strong indication of its future trajectory.

PV manufacturing equipment supplier Meyer Burger has revised down full-year 2015 revenue guidance on the back of delays in completing some large- and mid-sized orders before year-end.

Meyer Burger noted that final acceptance for a number of machines and systems originally expected to meet the ‘Completed Contract Method’ for accounting order revenue acceptance before the end of the year would be pushed into the first half of 2016.

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