June 3, 2016

...CHEAPER...:

Storage sunrise: Solar battery makers eye take-off as prices fall (MELANIE BURTON AND BYRON KAYE, 6/03/16, Reuters)

When Frances Miao put solar panels on the rooftop of her three-storey home in the Sydney suburb of Hunters Hill, the emergency doctor planned to wait five years before spending more on battery storage.

But with payments falling for feeding any unused energy back into the power grid, Miao decided to double down on her investment with a battery so she can use more of the electricity she generates.

Energy giants such as Panasonic, Tesla and Samsung SDI are targeting Australia as a test ground for battery storage, betting that more consumers in the country with the world's highest rate of rooftop solar panels will rush to batteries as prices fall from current levels around A$10,000 ($7,200) for an average home.

Posted by at June 3, 2016 4:17 PM

  

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