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.
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.
Australian technology entrepreneur Scott Hicks has saved thousands of dollars a year in power costs at his riverside holiday house by adding solar panels and a Redflow ZCell zinc-bromine flow battery.
Mr Hicks, CEO of private data centre provider YourDC, bought the spacious house at Mannum, a Murray River town 84 kilometres east of Adelaide, as an accessible hideaway from the working week. The 10-year-old holiday house is on the banks of the Murray River, among gum trees and wildlife.
However, during his first year, Mr Hicks discovered this peaceful repose came a price - the high cost of electricity. “During the first year, we found that our power bills were huge,” he said. “Our usage peaked at the most expensive time of day because we had lots of air con running.”
After researching solar panels and energy storage systems, Mr Hicks said Redflow’s ZCell zinc-bromine flow battery stood out. “I decided that Redflow was the far superior option out at Mannum where it’s a couple of degrees warmer than in the Adelaide metro area,” he said.