Commercial and industrial; the last frontier for renewable energy
The renewable energy transformation of the Australian economy is accelerating, with
Australia’s biggest residential battery manufacturer signalling a concerted push into
commercial and industrial renewable energy storage.
Sigenergy, a Chinese company that is the biggest battery maker globally as well as number 1
here in Australia, has signalled an intention to move into commercial and industrial battery
provision by releasing SigenCube an AI embedded battery designed for construction sites
and other industrial settings.
“Home batteries have gone mainstream in Australia, and businesses now want the same
control over their power costs and reliability. SigenCube is our answer for the sites where
space, noise and heavy loads have held storage back,” said Will Hall, Managing Director of
Sigenergy Australia.
“Businesses are not only asking for more kilowatt-hours. They want a system that fits on a
tight site, runs quietly next to its neighbours and keeps the plant going when the grid does
not. That is what SigenCube is built to do,” Mr Hall said.
The initiative is designed to leverage recent federal government initiatives to make it easier
for commercial and industrial businesses to switch to renewable energy. The Small-scale
Renewable Energy Scheme (SRES), which started last month, lifts the eligibility
threshold for commercial solar systems from 100 kW to 1 MW.
This is designed to reduce the upfront cost of solar panels for businesses by 20%.
Alongside the threshold lift, the federal government is also working on connection reforms
to streamline larger C&I solar and battery integrations.
Queensland’s status as “the sunshine state” should see it well placed to benefit from this
ongoing renewable energy revolution transforming the economy.