Chelion launches a bulk supply of energy storage systems to projects under the Australian Pension Fund
On the afternoon of November 6, 2023, the Chairman Jinping Xi emphasized that China and Australia should enhance mutual understanding and trust in peaceful coexistence, and achieve common development through mutually beneficial cooperation. Fully tap into the potential of the China Australia Free Trade Agreement, expand cooperation in emerging fields such as climate change and green economy, maintain the global and regional free trade system, and provide a favorable business environment for enterprises from both countries to invest and operate.
Albanese stated that the Australian side is willing to actively promote stable development of bilateral relations with China, close economic and trade exchanges, strengthen cooperation in clean energy, climate change and other fields, and bring more benefits to the people of both countries.
In mid November, LKH signed a supply agreement with as's a $2billion new energy fund. Starting this month, LKH started to supply a full set of energy storage solutions to the fund's new energy projects, and the first batch of 55mwh was shipped according to the agreement.
As fund is one of Australia's three largest pension funds, which manages assets of a $160billion and has more than 1million members.
According to Reuters, the scale of most projects under the fund will be 30-100 megawatts (MW), but there will also be some larger projects. Due to the complexity of managing small and distributed renewable energy, these markets have been ignored because investors focus on the more understandable Utility Solar, wind and energy storage infrastructure. However, small solar energy and energy storage projects mean that the grid connection speed is fast, and the project can be completed in a shorter time. Investors have started to invest in batteries and distributed energy resources.
As fund infrastructure director said that the fund provided a unique entry point into a powerful platform with small-scale and rapid deployment of renewable energy and energy storage assets. He said that battery energy storage is a key technology to support the transition to clean energy in the future.
The successful launch of the supply of liankexihe has once again verified that the energy storage solution of liankexihe has been recognized by the first-class investment institutions in the international market. Liankexihe will continue to make its own contribution to the green economy of China and Australia.
Liankexihe Energy Technology Co., Ltd., started in 2022, takes China as the global headquarters, and has holding subsidiaries in the United States, Japan, Australia, Spain, Portugal, Greece, Singapore and Hong Kong. The factory is located in Suzhou New Area, the R & D center and laboratory are located in Xi'an, the business center and carbon neutralization Research Institute are permanently located in Shanghai, and has formed a broad industry university research alliance with first-class universities at home and abroad.
With energy storage technology as the core, the company has gathered a senior elite team of new energy technology, new energy market development and new energy global investment. Relying on self-developed power electronic energy conversion and control system, smart grid cloud platform, global project development and other technologies and capabilities, supporting the mature supply chain, relying on green financial tools at home and abroad, the company is committed to providing the world's leading smart renewable energy solutions and high-quality assets.
Driven by the goal of carbon neutrality, the world has accelerated the pace of transformation to new energy. In the next 30-40 years to achieve carbon neutrality, there are many technical problems to be solved. In addition, we also need to improve the policy and financial environment and build a complete industrial chain.
Liankexihe carbon neutralization Industry Strategy Research Institute is committed to cooperating with governments, scientific research institutions, enterprises and financial institutions, analyzing the cutting-edge carbon neutralization related technologies and their development trends, studying global carbon neutralization policies and financial tools to support industrial development, and exploring the best path to achieve carbon neutralization and related industrial strategies.