Record 57,000 Battery Energy Storage Systems Installed in Australian Homes Last Year

Published on April 9, 2024

A record 57,000 battery energy storage systems were installed in Australian homes in 2023, according to new data. Storage market analyst SunWiz revealed a 21 percent surge in battery system installations compared to 2022. In total, more than 250,000 battery storage systems have been introduced into Australian homes in the last eight years. Battery capacity coming online also hit 656 megawatt hours (MWH), another record according to the 2024 SunWiz Australian Battery Market report. SunWiz Managing Director Warwick Johnston explained that the research showed batteries were “reshaping” the energy supply. “[The year of] 2023 was the year of the big battery, with deployment levels at twice their previous record,” Mr. Johnston said....

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