For all the talk on battery storage, a group of university students in Newtown has taken practical action -- and it could change the game for solar.
For the first time in Australia, the team from Stucco Housing Co-op pushed through all the regulatory blockages and technical challenges facing such projects and came up with a genuinely innovative shared solar and battery storage system that now powers the entire apartment building.
This is a big deal. 30 kilowatts of solar panels on the roof and 36 batteries in the building. That adds up to 42.3kW storage capacity. A software system manages and analyses the energy output from each unit, meaningStucco now acts as its own energy retailer and issues electricity bills to the residents.
We're proud to have backed the project with a City of Sydneyenvironmental grant because it was such a strong candidate, what makes it doubly powerful is that the team behind this project are planning on releasing the power purchase agreement so other apartments can take advantage of their hard work.
When you think three quarters of people in the city live in apartments, if we can improve the energy performance of those buildings, we can make significant ground. And each of the low income University of Sydney students living at Stucco? They're saving $35 a month on their power bills.