Pacific Hydro to expand retail power distribution to New South Wales, Australia
Australia-based renewable energy producer Pacific Hydro is planning to expand its retail business to the state of New South Wales and directly sell power to residential customers.
This expansion will reduce the firm's dependence on retailers such as Origin Energy, AGL Energy and TRUenergy Holdings, reported Bloomberg.
Pacific Hydro Australia general manager Lane Crockett was quoted by the agency as saying "That's an alternative avenue to market.
"We'll be looking to expand that business, and that might provide opportunities so we don't have to rely on the big three."
The company also remains bullish on selling clean energy to homes and is seeking funds from the Australian Renewable Energy Agency for a solar power project in New South Wales having lost a competition for federal government funds earlier in 2012.
Australia is looking to generate 41,000GWh of electricity from renewable sources by 2020 which represents a 20% pie of the overall energy demand in the country.
Green Power BioPower Hydro Solar Wind
Energy Management Energy Efficiency Energy Infrastructure Energy Storage Transport Sustainability
TechNavio's analysts forecast the Global Small Lithium-ion (Li-ion) Battery market to grow at a CAGR of 13.17 percent over the period 2012-2016. One of the key factors contributing to this market growth is the cost-effectiveness of Li-ion batteries. The Global Small Lithium-ion Battery market has also been witnessing various technological advancements. However, the diminishing charging capacity of Li-ion batteries could pose a challenge to the growth of this market. TechNavio's report, the Global Small Lithium-ion Battery Market 2012-2016, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market in the Americas, the APAC, and the EMEA regions; it also covers the Global Small Lithium-ion Battery market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market. The key vendors dominating this space include LG Chem Ltd., Panasonic Corp., Samsung SDI Co. Ltd., and Sony Electronics Inc. The other vendors mentioned in this report are Amperex Technology Ltd., Build Your Dreams (BYD) Battery Co. Ltd., China BAK Battery Inc., EVE Energy Co. Ltd., Shandong Heter Lampson Electronic Co. Ltd., and Tianjin Lishen Battery Co. Ltd. Key questions answered in this report: What will the market size be in 2015 and at what will be the growth rate? What are key market trends? What is driving this market? What are the challenges to market growth? Who are the key vendors in this market space? What are the market opportunities and threats faced by key vendors? What are the strengths and weaknesses of each of these key vendors? You can request one free hour of our analyst’s time when you purchase this market report. Details provided within the report. Reports Buy online from $0