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
- Conservation SA installs first ZCells for office Conservation SA CEO Craig WilkinsSA’s peak environmental organisation, Conservation SA, has installed two ZCell batteries to charge an electric car and to provide energy for ...
- Federal Minister’s visit unveils Redflow and Optus resiliency initiative for mobile networks (From left) Optus Retail’s Cameron Penfold, Federal Minister Paul Fletcher with Redflow MD Tim Harris and Redflow batteries Australian energy storage company Redflow Limited has p...
- Redflow signs its largest global battery sale with Anaergia to supply energy storage in California The Anaergia Rialto Bioenergy Facility with an artist's representation of Redflow batteries installed Australian energy storage company Redflow Ltd (ASX: RFX) has signed an agreem...
- Buy back FITs to start battery boom: Redflow Simon HackettRedflow Executive Chairman Simon Hackett has called on state governments to offer home battery storage incentives to encourage consumers to ‘trade in’ thei...