Tomago, on the outskirts of the port of Newcastle, New South Wales, has been chosen to host Energy Renaissance, Australia’s first advanced-manufacturing lithium-ion battery facility.
The “Renaissance One” facility will be the flagship of Energy Renaissance, which plans to ramp up production to 5.3 GWh per year of safe, affordable batteries for Australia and Southeast Asian markets in the coming years.
The site of the AUD 28 million (US$20.1 million) Renaissance One facility has been announced, after five years of developing a product that could contribute to reductions in global warming and help set the Australian economy on the path to clean-tech production.
“We’re in discussions with the federal government to get some funding as part of the Budget, so that we can bring that forward,” thereby creating 1,242 permanent jobs, beyond the initial construction boost, over the coming three to five years, Mark Chilcote – managing director of Energy Renaissance – told pv magazine. “Every job we create will be a catalyst for five jobs upstream in the supply chain.”
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Good luck with that business model Mark! You’ve got two major uphill battles;
1. Our Government’s broke (so is every government in 2020)
2. You have no chance of any exports competing with lithium-ion being mass produced in China even Tesla has jumped on board.
Might as well just go down to Packer’s casino and go double or nothing with the cash you’ve already got. Good luck!
Indonesia have the biggest nickel producer in the world. That’s good opportunity to build battery factory in this country.