Energy Storage Investment

Top 10 Energy Storage Investors in Oceania

1 Jul 2024

Top 10 Energy Storage Investors in Oceania

PF Nexus recognises the top 10 Energy Storage Investors in Oceania

In this article, PF Nexus recognises the contributions being made to the energy transition by the top 10 energy storage investors 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 leading this transformation, with Australia aiming to reach 2.2 GW of installed renewable capacity by 2025, focusing primarily on wind and solar photovoltaic technologies. New Zealand has also made significant strides, achieving a high percentage of its electricity from renewable sources.

Other Pacific islands are also advancing in renewable energy. Fiji, for example, 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. Similar progress is evident across the region, with many nations significantly boosting their renewable electricity generation. The most commonly utilized renewable energy technologies in Oceania include solar photovoltaic systems, wind power, and hydroelectricity. Australia, in particular, has been the most active in this transformation, with ambitious targets and investments in large-scale wind and solar projects.

Energy storage technologies are essential for enhancing the contribution of renewable energy to 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. Additionally, other technologies such as thermal storage and flow batteries are gaining attention as viable options for longer-duration storage.

As renewable energy and energy storage technologies continue to advance, the synergies between the two will strengthen. Developers of energy storage projects will play an increasingly vital role in building a more resilient, flexible, and sustainable electricity system powered by renewable energy.

Renewable energy projects typically have high upfront capital costs (Capex) but low ongoing operating costs (Opex). As such, they require significant investment from investors with the expertise to manage the risks involved and maximize long-term returns. Investors are therefore crucial in driving the global transition to clean power by providing the capital needed to develop and scale renewable energy projects worldwide.

As renewable energy becomes increasingly cost-competitive and government support grows, the pool of investors is likely to expand rapidly in the coming years. Capital market instruments like green bonds are opening new avenues for investors to indirectly fund renewable energy projects. By committing capital to renewable energy, investors can enhance portfolio resiliency, generate cash yield, and contribute to the fight against climate change. However, navigating the rapidly evolving renewable energy landscape requires a tolerance for disruption and a long-term outlook.

Top 10 Energy Storage Investors in Oceania

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Identifying and sourcing Investors for your Project

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.

How does it work? Registering your account and submitting your project takes just 5 minutes. From there, you can receive introductions from interested partners directly to your inbox, eliminating the need for manual outreach and ensuring you connect with the highest calibre, most engaged investors for your deal.

To gain a competitive advantage for your renewable energy portfolio, get started with PF Nexus right now (takes 3 minutes).

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