Finance Partner - Shared Energy Storage (SeS)

### 🔋 Project Overview The Department for Energy and Mining (DEM) in South Australia is seeking a **Finance Partner** for the **Shared Energy Storage (SeS)** initiative. This $17.8 million program is a joint venture between the South Australian and Federal Governments designed to facilitate the installation of shared solar and battery systems within strata-governed apartment buildings. The project utilizes energy-splitting technology to ensure equitable energy distribution between renters and owners. ### 📋 Key Requirements & Scope The selected Finance Partner will support a funding model where strata groups can access up to **$95,000** in value. The financial structure consists of: * **50% Upfront Discount:** Provided as a government grant. * **50% Zero-Interest Loan:** Requiring financial management and partnership to facilitate these interest-free terms for participants. ### 🎯 Desired Outcomes The initiative focuses on social equity and grid stability by: * Delivering significant energy cost savings to priority households in high-density living. * Ensuring inclusive participation in the renewable energy transition. * Matching local energy generation with storage to support the South Australian electricity grid. ### 🏢 Issuing Organization * **Organization:** Department for Energy and Mining * **Location:** South Australia * **Briefing:** An online-only briefing is scheduled for February 27, 2026. ### 🔍 Search Keywords Renewable Energy Finance, Strata Solar, Battery Storage, Zero-Interest Loans, Government Grants, Energy Transition, South Australia Energy, Financial Services, Shared Energy Storage.