08 Mar Energy Renaissance host Prime Minister for national launch
Mar 4, 2021
Energy Renaissance, an Australian lithium-ion battery manufacturer, has welcomed the Resources Technology and Critical Minerals Processing road map in the Commonwealth Government’s Modern Manufacturing Strategy that was announced today.
The announcement was made by Karen Andrews, the Minister for Industry, Science and Technology Karen Andrews and the Prime Minister, Scott Morrison at a media event held at the future location of Energy Renaissance’s manufacturing facility at Tomago, NSW.
Australia is the only country in the world that is sitting on all the raw materials needed to make lithium-ion batteries.
Mark Chilcote, Managing Director of Energy Renaissance said, “The Commonwealth Government’s Resources Technology and Critical Minerals Processing road map will increase the value and influence Australia’s battery industry in the global lithium value chain.”
On 24 February 2021, the United States announced that it will prioritise the domestic consumption and production of critical and rare earth minerals. Chilcote added, “Australia cannot afford to be at the end of a queue for these minerals. There is currently no commercial production of battery-grade materials and chemicals in Australia.”
“But we will change this in the very near future when Energy Renaissance commences production of its batteries. We will be able to engage with suppliers of Australian nickel, cobalt, manganese, graphite, lithium, aluminium and copper and to use their materials in our batteries.”
Energy Renaissance’s commitment to manufacturing batteries locally will provide a pathway for battery raw material processing to take place in Australia. Besides bringing greater certainty and investment to process raw materials locally, it expects the cost of materials to be reduced making energy storage more affordable and accessible for everyone.
According to an independent economic impact analysis undertaken by CIS Solutions, an Australian advanced manufacturing industry supplying and exporting battery-grade chemicals and materials would create over 100,000 construction and 80,000 operational jobs and add AUD$7.3 trillion in export revenue.
The investment that Energy Renaissance has made for the battery manufacturing facility can be a catalyst for the growth of Australia’s advanced manufacturing sector, providing a much-needed stimulus for jobs, economic growth in the Hunter Region and beyond.
Energy Renaissance’s 4,500 sqm purpose-built facility will manufacture Australian made batteries that are safe, secure, affordable and optimised to perform in hot climates. These batteries will power stationary (grid and microgrid, renewables, community storage, mining electrification, Defence SilentWatch applications) and transport (buses, light commercial and industrial vehicles) applications.
Construction of the facility will commence in April 2021 with small-scale production of batteries to start by July 2021 with the full-scale expected in October 2021.
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About Energy Renaissance
Energy Renaissance manufactures batteries right here in Australia that are powered by Australian people and resources. Our ‘superStorage™’ batteries are safe, affordable and optimised for hot climates. From grid, microgrid, community to large-scale residential applications, Energy Renaissance brings clean stored energy everywhere.