Wednesday 28 November 2007

Smart Storage: CSIRO sets up battery firm

Adelaide Advertiser
Tuesday 27/11/2007 Page: 10

CSIRO will help develop a hybrid battery which can store electricity from renewable energy sources. The government science agency and venture capital company Cleantech Ventures will be joint partners in Smart Storage. The new company aims to develop existing technology to deliver a low cost battery capable of high performance stationary energy storage. CSIRO says current batteries capable of storing energy from solar and wind energy are expensive and unable to meet high power demands.

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