Australian battery storage company RedEarth has secured a technology partnership with global technology company Siemens to bring Australian-designed battery technology to the market.
RedEarth will pair the Sinamics 120 inverter technology of Siemens with RedEarth’s own battery system in the deployment of a new modular battery design into the growing market for energy storage.
RedEarth hopes to leverage the partnership to achieve a target of $70 million in battery sales over the next four years, primarily targeting the Australian market.
“We look forward to bringing an Australian designed and manufactured solution for commercial electricity consumers to market,” RedEarth’s head of research and development Jeremy Whaley said.
“The Siemens SINAMICS S120 Inverter Technology is the best option on the market, offering robust power electronics and the range of features required for this solution.”
RedEarth will begin offering an Australian made modular battery system that provides 1MW/1MWh of battery storage capacity, that can be scaled up for utility-scale applications.
“We are very pleased to be working with RedEarth Energy Storage on the development of their Battery Energy Storage System for the Australian commercial and industrial market, levering off the versatility and market-leading inverter technology offered by the Sinamics S120,” Siemens’ Anthony Achermann said.
Last week, the company received approval from the Clean Energy Council to market its residential battery storage system, the SunRise Home battery system, in Australia after winning approval to be listed on the council’s approved equipment list.
“To be the first Australian owned manufacturer with a residential battery system on the approved CEC list is a huge milestone for RedEarth,” RedEarth CTO Chris Winter said at the time.
“With Australians embracing the benefits of solar energy storage more than ever before, we are proud to be providing consumers with a residential battery solution that is 100% manufactured by Australians in Australia.”
In August the company secured $5 million in investment from the Queensland Government’s business development fund, along with a mix of private investors.
RedEarth has used the investment to build upon its manufacturing base in Brisbane, where the company produces residential battery systems, along with containerised battery storage systems for remote and off-grid applications, dubbed the ‘BushPig’.
The company was founded by Charlie Walker and Chris Winter, two alumni of another Australian based battery storage design company, RedFlow.
The Queensland Government Business Development fund has made a range of investments in emerging, Queensland based, innovation companies, including the developer of electric vehicle fast-charging company Tritium.