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The Nexus
BUSINESSJul 13 · 12:35 UTCSEMAFORTom Chivers

Australia's renewables shift accelerates on battery imports surge

Australia is rapidly adopting renewable energy, becoming the third-largest importer of Chinese batteries. In March, it accounted for nearly 10% of new global battery capacity, with 2,000 home batteries installed daily. The shift is driven by unreliable coal power and poor state connectivity, requiring batteries to stabilize solar energy supply.

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Australia's renewables shift accelerates on battery imports surge · The Nexus