Redflow, a provider of clean energy storage solutions, has advanced its local manufacturing goals by signing an MOU with Stanwell Corporation, a major energy generator in Queensland.
This collaboration is set to develop and deploy Redflow’s new X10 battery solution for a large-scale project of up to 400 MWh, potentially anchoring Redflow’s planned manufacturing facility in Queensland, the company said in a media release.
This development follows the release of separate battery strategies by the Queensland State Government and the Australian Federal Government.
As part of the MOU, Stanwell and Redflow will conduct a preliminary due diligence pre-feasibility study for an initial 5 MWh project using Redflow’s X10 battery at the Stanwell Future Energy Innovation Training Hub (FEITH) near Rockhampton, Queensland.
Stanwell, wholly owned by the Queensland Government, is a major electricity provider to Queensland, the National Electricity Market, and large energy users throughout Australia.
This partnership with Redflow aligns with Stanwell’s strategy to develop alternative technologies and build a renewable portfolio of 9-10 GW of generation and 5 GW of storage by 2035, supporting Queensland’s renewable energy targets.
“Stanwell is a leader in developing renewable energy solutions to accelerate Queensland’s energy transition, and we are excited to be partnering with them on these studies and pilot project to further advance our new X10 product,” stated Tim Harris, Redflow CEO and managing director.
“With the launch of the Queensland Government’s Battery Strategy and Energy and Jobs plan, and the recently released Australian Government National Battery Strategy, this announcement reinforces the critical role of energy storage, particularly long-duration energy storage, in Australia becoming a renewable energy superpower,” he added.
Meanwhile, Stanwell CEO Michael O’Rourke expressed enthusiasm for the partnership, emphasising the importance of Battery Energy Storage Systems in the renewable energy transition.
“Stanwell has ambitious targets for energy storage within our portfolio, and we see longer duration energy storage solutions such as Redflow’s as being crucial to meeting our customer demand for firmed renewable solutions,” O’Rourke stated.
“Partnering with an Australian company like Redflow also aligns with our values by creating opportunities for local jobs and investment.”
He continued, “We are looking forward to working with Redflow to develop the roll-out of their new X10 solution at Stanwell’s Future Energy Innovation and Training Hub.”
The feasibility study is scheduled for completion in early 2025, with a decision on the 5 MWh X10 battery project expected by mid-2026.
