The Federal Government’s May budget marks a historic moment for clean energy in Australia. Alongside the Future Made In Australia initiative, the Albanese government has announced a $523 million Battery Breakthrough Initiative. Administered by the Australian Renewable Energy Agency (ARENA), this initiative aims to foster the development of a robust domestic battery manufacturing industry. This is a monumental step towards delivering lower electricity prices, creating clean economy jobs, and positioning Australia as a global clean energy superpower.
At Energy Renaissance, we are proud to have actively contributed to this initiative, engaging in discussions with the Federal Government leading up to this announcement. This achievement aligns perfectly with our commitment to delivering energy solutions that are “Real Simple. Real Safe. Real Australian.”
The Australian Financial Review has recognised Energy Renaissance’s pivotal role as Australia’s leading battery manufacturer and sought our insights on the Battery Breakthrough Initiative. This recognition underscores our leadership and influence in the industry. Read the full article here
Together, we look forward to accelerating momentum in the coming months, advancing Australian manufacturing and battery storage capabilities.
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