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Victron Energy BV Managing Director Matthijs Vader

Global energy system specialist Victron Energy is expanding grid-connection approvals globally for its new MultiPlus-II battery inverter-charger, boosting the market for this robust unit that works both on and off-grid.

Victron will also use the standards-compliance and competitive pricing of the MultiPlus-II to pursue large deployments that involve major rollouts of standardised energy storage systems across many sites.

Victron Energy BV Managing Director Matthijs Vader said the MultiPlus-II would expand Victron’s reach globally. “The new technical design and standards compliance of the MultiPlus-II brings the familiar Victron Energy MultiPlus technology to a world market at an even more competitive price,” he said.

“The MultiPlus-II is ideal for grid-connected applications such as distributed Virtual Power Plant (VPP) deployments that can both supply energy for individual houses and, collectively, deliver energy to the grid in a coordinated manner. This is an emerging market need that Victron is looking to support globally.”

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SLIDER MultiPlus II W

Global energy system specialist Victron Energy this week unveils its latest battery inverter-charger, the MultiPlus-II, at the Australian Energy Storage Conference and Exhibition in Adelaide.

The MultiPlus-II comes with a new-look stylish steel enclosure, the largest internal electronics redesign in more than a decade and a lower production cost, which makes the product much more competitive, especially in large-scale energy projects.

Victron is unveiling its first model in the range, the MultiPlus-II 48/3000/35-32 230V, at Australia’s largest dedicated energy storage show because of the country’s rapid embrace of energy storage systems, from residential batteries to the 129-megawatt-hour Tesla “big battery” in South Australia.

Victron MultiPlus-II inverter-chargers are available through the company’s global distribution network including Australia, Europe, Africa, Asia and the Americas. The MultiPlus-II 48/3000/35-32 230V already complies with the Australian Standard for grid-connected inverters (AS 4777) and is certified in an increasing number of other countries.

Victron Energy BV Managing Director Matthijs Vader said the redesign of its flagship inverter-charger aimed to meet new demands in the market. “We’ve delivered a better product at a lower price to make MultiPlus-II attractive for large-scale energy storage projects,” he said.

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Pottinger executive chair Nigel Lake will present at this week's Myriad Festival in Brisbane

The Australian dream run of economic prosperity is at risk unless the nation supports start-ups to drive a new wave of innovation warns Nigel Lake, executive chair of global advisory firm Pottinger

Mr Lake, who will speak at this week’s Myriad start-up festival in Brisbane, said creating new businesses and new jobs was of paramount importance to “the future of everything”. “In Australia, the canary in the employment coal mine is wobbling on her perch,” he said. 

“Though unemployment is low, real wage growth is stubbornly slow and is further imperilled by an imminent wave of technology. The threat to the Australian dream is severe. More than 90 per cent of the value of our top 100 companies is in old economy industries, with the top four all banks.

“In the US, the four largest companies are Microsoft, Apple, Google and Amazon. So far this century, Australia has created just two tech start-ups worth more than A$1bn - Atlassian and Canva, collectively valued at about A$20bn. In contrast, the 10 largest US tech companies have created more than A$4 trillion during the same period.  Australia doesn’t even feature on some world tech start-up maps.

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