This shift towards renewable energy is seen as crucial for the country’s future energy security and sustainability.

Mike Snyder, Senior Director of Megapack at Tesla, highlighted the system’s ability to enhance grid stability and facilitate greater renewable energy integration.

Currently, Australia’s renewable energy contribution stands at 40 per cent, falling well short of the target.

Driven by surging solar, renewables nearly reached a 30% share of US electricity generation in March 2024.