- ZEN Energy will be supplying the Queensland market with the company’s own energy storage system, the ZEN Freedom PowerBank, and storage-ready solar panel systems
- Storage version for small to medium-sized households to be released soon
- ZEN Energy to integrate other renewable resources such as wind, hydro and biomass.
Australian solar energy storage company ZEN Energy has launched in Queensland with ambitious plans to connect more local households and businesses with low cost and sustainable power.
ZEN Energy chairman Professor Ross Garnaut said Queensland was ideally positioned to benefit from the rapid advances in energy storage technology.
“Energy prices across Queensland are among the highest in the nation. We want all Queenslanders, no matter where they live, to have the opportunity to harness affordable and clean renewable energy,” he said.
ZEN Energy represents a new and unique model of sustainable power generation, storage, delivery and retailing, which Professor Garnet said Queensland consumers will benefit from.
“By harnessing the benefits of energy generation and storage, ZEN Energy will assist local households and businesses to seek protection from the rising cost of energy from the power grid,” he said.
“Households, businesses and entire communities can now become genuinely completely, or substantially, self-powered depending on their circumstances and preference. Australia’s energy transformation has begun.”
ZEN Energy will be supplying the local market with the company’s own energy storage system, the ZEN Freedom PowerBank, and storage-ready solar panel systems. The ZEN Freedom PowerBank allows users to store energy generated by solar power during the day, maintain supply during outages and feed excess energy into the grid to benefit from higher tariffs during peak times. The system is ideally suited for larger homes or businesses looking for grid independence and a pathway to going off-grid, however, a version for smaller homes is due for release in the coming months.
ZEN Energy has said it will not be limited to solar energy, but also integrate other renewable resources when suitable such as wind, hydro and biomass to provide bespoke energy solutions.
The company’s founder and its director of innovation Mr Richard Turner said the company was also in early discussions with local government and councils to develop community-wide renewable energy generation and storage solutions.
“Our aim is to become Australia’s leading innovative, community focussed renewable energy solutions provider, supporting residential, commercial, industrial and utility customers in the transition to an affordable low emissions future,” Mr Turner said.
“We are excited about the growth prospects for ZEN Energy in Queensland. ZEN Energy currently employs 20 staff in Queensland. As more contracts are won, that number will grow and we’ll be looking to employ more staff and generate more work for local installers.”