viewLithium Australia NL

Lithium Australia's Soluna energy storage solution approved by Clean Energy Council

The CEC requires that all clean-energy products sold in Australia meet the highest international standards.

Lithium Australia NL - Lithium Australia energy storage solution approved by the Clean Energy Council
The all-in-one Soluna Power Bank S4 and S12 domestic systems

Lithium Australia NL (ASX:LIT) and DLG Energy Co Ltd’s incorporated joint venture has had its Soluna battery energy storage systems approved by The Clean Energy Council (CEC), Australia’s peak body for clean energy.

The JV, Soluna Australia Pty Ltd, has developed battery energy storage systems for residential applications including lithium-ion battery storage, a hybrid inverter and an advanced battery management system.

CEC requires that all clean-energy products sold in Australia meet the highest international standards, which Soluna’s do.

Meets relevant standards

Accreditation by CEC confirms to national power grid operators that Soluna products meet all relevant Australian and international standards and are safe to install across the country.

Notably, only products on CEC’s approved lists are eligible to receive small-scale technology certificates (STCs) under the Small-scale Renewable Energy Scheme (SRES) and other government incentive programs.

"Opens the door for sales"

Lithium Australia managing director Adrian Griffin said: “Gaining CEC approval for all the products it markets is a great achievement for Soluna and opens the door for sales of its high-quality, flexible product range to those wishing to save on their energy bills.

“Lithium Australia’s investment in Soluna complements its other business units; together, these comprise a practical circular economy for battery products, ranging from a reduction of waste in the mining phase through more efficient battery production to battery sales via Soluna and, ultimately, the recycling of spent batteries through Envirostream Australia.

“Soluna, then, is an integral part of the circular economy, for which Lithium Australia is providing ethical and sustainable solutions,” he said.

Now CEC approved, the systems will soon be available for installation country-wide, with additional stock ordered and expected to arrive in early July.

Quick facts: Lithium Australia NL

Price: 0.048 AUD

Market: ASX
Market Cap: $29.06 m

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