Posted by Big Gav in energy storage
RNE has a post on investment in ionic liquid energy storage technology - CSIRO in new alliance to advance home-grown energy storage technology.
Australia’s CSIRO has formed a partnership with US liquid battery developer, Boulder Ionics, to further the development of a new cost effective energy storage technology aimed at enabling the delivery of 24/7 renewable electricity.
The alliance was announced by ARENA CEO Ivor Frischknecht on Wednesday, along with an investment of around $530,000 in the Colorado-based company, made through the Southern Cross Renewable Energy Fund, which was established under the former Gillard government’s ARENA’s $100 million Renewable Energy Venture Capital Fund Program.
Boulder Ionics says the funds will be used to support a collaborative research program and license arrangement with the CSIRO, and to create an Australian subsidiary of Boulder Ionics. More specifically, said Frischknecht, the project aims to create a pathway to market for the CSIRO’s home-grown liquid battery technology with applications for a variety of battery storage uses, including renewable energy.