CR1225 battery.CEFC will pay more attention to energy storage and other new technologies

　　Australia's green bank Clean Energy Finance Corporation (CEFC) has invested a record $1.3 billion in the clean energy sector over the past 12 months, and CEFC said it will place greater emphasis on energy storage and other new technologies to support the stability of the national grid.

　　CEFC hopes to increase focus on grid stability and large-scale energy storage. The federal government lender’s priorities for 2019 and beyond will be towards developing Australia’s strong renewable energy resources and supporting the transition to a distributed energy model.

　　Last fiscal year, CEFC invested nearly $1.5 billion in 30 projects with a total value of $6.3 billion. Of the $1.5 billion, $1.3 billion was invested in clean energy, the highest amount since the bank began operations in 2012. In addition, CEFC has paid $320 million to reinvest in these new projects. CEFC chief executive Ian Learmonth said: "Following strong progress in the development of large-scale solar and wind energy, our investment will increasingly be directed towards new technologies that have little interest from mainstream investors - including pumped hydro and large-scale batteries. , behind-the-meter power generation and grid solutions.

　　"Grid and transmission constraints are driving down the rate of new investment in large-scale renewables," Learmonth said. "We believe that coordinated investment in generation, storage and transmission infrastructure is needed as part of a stable and reliable grid." According to According to CEFC data, large-scale solar and wind energy projects are increasingly gaining a foothold and have sufficient capacity to develop large-scale markets. The market segment can use support in addition to national policies.

　　Low temperature lithium iron phosphate battery 3.2V 20A -20℃ charging, -40℃ 3C discharge capacity ≥70%

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　　Learmonth said investor interest in commercial venture capital remains limited, and aging, constrained transmission networks pose a potential impediment to the market's continued growth. The early progress in large-scale energy storage investment is worthy of recognition, but this market is still developing and has not yet launched a fully commercial model, and CEFC has played a big role in promoting this market.

　　In addition, CEFC has also placed its clean energy goals on electric vehicles. Just this month, at the NSW Electric Vehicle Drive Day (NSW Electric Vehicle Drive Day), led by CEFC, CEFC is showing the reasons why electric vehicle sales are strong around the world. The team will test drive one of the largest electric vehicles assembled in Australia. First, the CEFC’s move aims to encourage them to use their market influence to help Australia switch to electric vehicles to deal with the severe transportation emissions problem. It is understood that there are approximately 19,000 companies in Australia with a fleet of 20 or more vehicles, totaling more than 2.1 million vehicles.

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