Australian battery company Redflow Limited has applauded the South Australian government’s decision to invest $150 million in battery technology to support the State’s electricity grid.
Unveiling the State Government’s energy plan, SA Premier Jay Weatherill told a news conference that the private sector would build a 100 megawatt hour battery in South Australia before next summer, in a venture to be funded from a new $150 million renewable technology fund.
Redflow CEO Simon Hackett said the announcement was a great part of a tenable solution. “This clearly embraces our view that batteries are a vital part of the renewable energy revolution,” he said.
“As I’ve said previously, this sort of development is about demonstrating the capacity of renewables and energy storage to technically and affordably replace fossil fuels as a robust and reliable source of energy supply for the South Australian grid.
“We look forward to learning more details about the State Government’s proposal and to identifying how Redflow can add value to it.”
For media assistance, call John Harris on +61 8 8431 4000 or email john@impress.com.au.
Related News
- First ZCells installed at off-grid Willunga property Alan Noble with his ZCellsAustralian battery company Redflow Limited (ASX:RFX) today announces that a residential energy system at an off-grid property in SA is the first completed...
- Redflow aims for 250 batteries/month from Thailand Redflow Chairman Brett JohnsonAustralian battery company Redflow Limited aims to produce as many as 3000 batteries a year from its new Thai factory, which it is currently fitting o...
- Redflow joins International Zinc Association to drive initiative promoting zinc battery benefits Redflow MD & CEO Tim HarrisHighlights: IZA members represent 60 per cent of worldwide zinc production and 80 per cent of Western Hemisphere production IZA’s Zinc Batte...
- Redflow announces new CEO and COO Simon HackettRedflow Limited (ASX:RFX) on Friday announced senior management changes as the company prepares for the first deliveries of ZCell residential flow batteries in Austral...