ENERGY TRANSITION

ARENA backs world-first battery-storage technology

$25 million funding supports “transformative” energy banking potential

ARENA backs Relectrify’s inverter-free battery tech with $25m for commercial rollout: Pictured – Relectrify CEO Jeff Renaud (left) and ARENA CEO Darren Miller in front of Relectrify’s AC1 battery-energy-storage system.

ARENA backs Relectrify’s inverter-free battery tech with $25m for commercial rollout: Pictured – Relectrify CEO Jeff Renaud (left) and ARENA CEO Darren Miller in front of Relectrify’s AC1 battery-energy-storage system. | Credits: Relectrify/ARENA

Renewables funder ARENA has committed $25 million to backing hopes for a commercial roll-out of Relectrify's AC1 battery-energy-storage system (BESS), promising a major leap for domestic energy storage. ...

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