One of Australia's first independently-owned community battery energy storage systems has been unveiled in Melbourne. Yarra Energy Foundation (YEF), a not-for-profit energy services outfit, launched it on World Environment Day. CEO Dean Kline said the "hugely innovative" project, installed at an inner urban power substation, will soak up excess solar generated locally in the neighborhood and store it for use when the sun goes down and peak demand kicks in. "So renewable power that's not normally available during the evening is now available to the residents." Chris Wallin, YEF's commercial programs manager, said "...we are using [the technology] here in the neighborhood to demonstrate that you don't have to buy your own [battery] and have it at home." It is the first battery installed under the state Labor government's $11 million Neighborhood Battery Initiative, which provided $800,000 for its installation.