A new battery brand has hit the Australian market this week, with the first commercial shipment of China-made Soluna lithium-ion energy storage products arriving in Victoria.
The energy storage systems – which are already being sold in Europe and the US – will be sold locally by Soluna Australia, a joint venture between an ASX-listed lithium recycling, extraction and processing outfit Lithium Australia and DLG Group, one of China’s 10-largest producers of lithium-ion cells.
Lithium Australia said on Monday it had completed the formalities for joint battery marketing operations with DLG – a 50:50 partnership first flagged in May as part of a broader plan to boost battery uptake, and potentially also manufacturing, in Australia.
“A detailed investigation of the Australian energy-storage industry identified serious supply-chain constraints in the delivery of LIBs to Australian customers,” a statement said.
“Soluna Australia intends to provide a new and reliable supply source for renewable energy solutions to power users in Australia.”
The companies said Soluna Australia’s plans included a focus on creating innovative energy storage solutions for remote-site and mining applications. Although the company will provide grid-connected and residential battery solutions, too.
They would also evaluate the feasibility of manufacturing battery packs in Australia, while offering battery recycling solutions through Lithium Australia’s already established business.
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