A Queensland joint venture will expand Australia’s manufacturing capabilities after being granted

$3 million to scale up production of iron flow battery chemicals.

The Australian Financial Review has written an article regarding the joint investment by the Miles Government and a private equity investor in the U.K.

For more detail, please visit the article here: https://www.afr.com/policy/energy-and-climate/labor-shrugs-off-flat-battery-projects-with-25m-investment-20240923-p5kcp2

Construction of Australia’s first grid-scale battery manufacturing plant has been accelerated, following a combined investment by the Miles Government and a British investment firm.

Energy Storage Industries – Asia Pacific (ESI), a locally owned and operated company, represented Queensland’s battery industry at the Prime Minister’s announcement of the National Battery Strategy on Thursday, 23 May.

In an article headlined “Battery venture leading the charge”, ESI Managing Director Stuart Parry tells The Australian the time has come for iron flow batteries, as the global economy shifts towards renewable energy.

Energy Storage Industries – Asia Pacific (ESI) has signed a Memorandum of Understanding with Stanwell Corporation to establish a 1 MW/10 MWh iron flow battery pilot project adjacent Stanwell Power Station.

Energy Storage Industries – Asia Pacific (ESI) has welcomed the Palaszczuk Government’s $24 million investment into flow batteries from local manufacturers, which will support the next stage of Queensland’s local battery capability and help the state meet its renewable energy commitments.

Energy Storage Industries — Asia Pacific (ESI) has strengthened the position of iron flow battery technology to secure Queensland’s future as a renewable energy superpower.

ESI Asia Pacific had the pleasure of hosting Stanwell Corporation Limited on 17 January at the QUT National Battery Testing Centre (NBTC). Visiting the first of our long-duration, grid-scale batteries in Australia.

Following the signing of a major agreement with ESS Tech Inc., ESI Asia Pacific has received and commissioned the first iron redox flow battery in Australia.

ESI Asia Pacific and Fraser Coast Regional Council were delighted to host Deputy Premier Steven Miles, and the Member for Maryborough Bruce Saunders yesterday at our Maryborough manufacturing plant site for the launch of the ‘Battery industry opportunities for Queensland' discussion paper.

The gateway to Indonesia has been opened for Energy Storage Industries Asia Pacific (ESI), with funding for a key market study potentially paving the way for greater expansion throughout South East Asia and the Pacific.

CONSTRUCTION of Australia’s first, large-scale iron flow battery manufacturing facility started in Maryborough today, marking a significant step forward in Australia’s transition to a renewable energy future.