The first marketable shipment of China-made Soluna batteries has reached the Australian shores. The new battery brand will be sold in Australia by a joint venture between Lithium Australia and China’s DLG Group.
Lithium Australia said that it had completed the formalities for joint battery marketing operations with DLG by a 50:50 partnership which seeks to boost battery uptake and recycling in Australia.
The company said, “A detailed investigation of the Australian energy-storage industry identified serious supply-chain constraints in the delivery of LIBs to Australian customers, Soluna Australia intends to provide a new and reliable supply source for renewable energy solutions to power users in Australia.”
In addition to offering grid-scale and residential battery solutions, the joint venture also plans to focus on creating innovative energy storage solutions for remote-site and mining applications in Australia. It will also evaluate the viability of manufacturing battery packs locally, as well as offer battery recycling solutions through Lithium Australia’s 90%-owned Envirostream.
Under the Soluna partnership, the companies will also work together to simplify technological cooperation between Lithium Australia’s wholly-owned subsidiary VSPC and DLG for both cathode and battery research and development. The goal is to fast-track commercialization of VSPC’s proprietary cathode powders for use in DLG batteries, primarily with a focus on lithium-ferro-phosphate (LFP) LIBs.