Top 10 Energy Storage Companies in Oceania

In this article, PF Nexus recognises the contributions being made to the energy transition by the Top 10 energy storage companies in Oceania.

Oceania's renewable energy landscape is rapidly evolving, with many countries setting ambitious goals to reduce their dependence on fossil fuels. Australia and New Zealand are spearheading the region's renewable energy transformation. Australia aims to achieve 2.2 GW of installed renewable capacity by 2025, focusing primarily on wind and solar photovoltaic technologies. New Zealand has also made significant strides, with a high percentage of its electricity already coming from renewable sources.

Notable increases in renewable electricity generation have also been seen in other Pacific islands. For instance, Fiji increased its renewable electricity generation from 59% in 2013 to 65% in 2016, with plans to reach 81% by 2020 through a mix of hydropower, biomass, solar, and wind. Other nations in the region have similarly made significant progress in boosting their renewable electricity generation.

The most commonly utilized renewable energy technologies across Oceania include solar photovoltaic systems, wind power, and hydroelectricity. Australia has been the most active in renewable energy transformation, with ambitious targets and substantial investments in large-scale wind and solar projects.

Energy storage technologies are crucial for enabling renewable energy to contribute a larger proportion of a grid’s overall generation capacity. Battery Energy Storage Systems (BESS) are highly versatile, with applications ranging from short-to-medium-term utility-scale grid support to behind-the-meter commercial and industrial installations. Other technologies, such as thermal storage and flow batteries, are also gaining attention as viable options for longer-duration storage.

As renewable energy and energy storage technologies continue to advance, their synergies will only grow stronger. Developers of energy storage projects will play an increasingly important role in building a more resilient, flexible, and sustainable electricity system powered by renewable energy.

Renewable energy has grown rapidly in recent years, becoming one of the world’s largest industries and overtaking even oil and gas. Many major companies have emerged from the green energy revolution, with hundreds of companies playing pivotal roles in the energy transition. Some of the largest companies in the industry are project developers, renewable energy investors, and financial, technical, or legal advisory firms.

Explore the leading energy storage companies in Oceania and discover the key players driving the future of sustainable energy in the region.

Finding investors or buyers for your energy storage projects can be difficult. Investors are often busy with assessing opportunities in their pre-existing developer network, which may make it harder for less well-known projects to break into the market.

Using a renewable energy asset marketplace like PF Nexus provides a more efficient and transparent way of identifying and securing collaborations between energy storage developers and investors. PF Nexus is used by over 6,300 professionals from >3,000 developers, investors, and lenders, constantly on the lookout for 'the right' renewable energy investment opportunities for them.

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