Half the price in half the time: solar storage innovation harnesses new energy frontier

Low-cost solar solutions for residential and commercial users has been seen as the holy grail of the new energy frontier. Photograph: Seth Perlman/AP If Tesla’s Powerwall is the “Lamborghini” of the solar storage industry, a small Brisbane company backed by University of Queensland researchers says it has hit on the formula to deliver the “Toyota”. Related: Australia ‘could become world leader in solar home battery storage’ Redback Technologies, which last week inked a commercialisation deal with UQ, claims to have harnessed the power of algorithmic software and efficient design to produce the most cost-effective solar storage system on the Australian market. Despite relying on a smaller battery than the Powerwall – which is widely expected to be the catalyst for rapid growth of the solar storage market this year –…


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