Canadian battery developer switches on in Adelaide
30 November 2018
SA Government:
Canadian
energy storage firm
Eguana
Technologies is the latest global innovator to invest in
South
Australia’s booming battery sector under the Marshall Liberal
Government’s Home Battery Scheme.
The $12 million investment will see the company, in partnership with its
partner company
LG, assemble and
manufacture its cutting-edge Evolve
home energy storage system here in
Adelaide, creating up to 200 new
jobs over the next three years.
Minister for Trade, Tourism and Investment David Ridgway said it’s
another major coup for
South Australia and comes on the back of German energy storage giant
sonnen and Chinese battery manufacturer
Alpha-ESS committing to
manufacture and assemble their batteries in Adelaide.
“I’m pleased to welcome Eguana as the latest international company to
invest in South Australia,” said Minister Ridgway.
“Based in Calgary, Eguana Technologies designs and manufactures high
performance residential and commercial storage systems, so to be able to
bring their
skills and
technology to South Australia is a significant win.
“Since we announced the Home Battery Scheme, we’ve had fantastic global
leaders such as Eguana knocking on our door to be a part of the largest
rollout of home batteries in the world.”
Minister for Energy and Mining Dan van Holst Pellekaan said Eguana has
two decades of experience delivering fuel cell, photovoltaics and
batteries, and delivers proven high quality products from its high
capacity manufacturing facilities in Europe and North America.
“Through our Home Battery Scheme, 40,000 South Australian households
will have access to up to $6,000 from $100 million of both subsidies and
low-interest loans to pay for the installation of home batteries and
solar,” said Minister van Holst Pellekaan.
“South Australia is now unequivocally the world capital for home
batteries thanks to the Marshall Liberal Government.”
This Home Battery Scheme is a core pillar of the Liberal Marshall
Government’s strategy to improve affordability and reliability of power
while attracting investment and jobs for South Australians.
Chief Technology Officer at Eguana Technologies Brent Harris said they
are very excited to be a part of South Australia's Home Battery Scheme.
“Today’s announcement confirms South Australia is a world leader in the
utilisation of solar and battery technology,” said Mr Harris.
"The requirement for smart batteries is the first of its kind and the
Evolve product was designed to support sophisticated programs that go
beyond basic backup power and reducing consumption.
“We have already begun establishing our manufacturing capabilities in
South Australia and look forward to providing choice to South Australian
energy storage customers.”
--ENDS--
Source: South Australian Government - www.premier.sa.gov.au
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