Australian Government Provides Subsidies For Energy Storage

The Australian Government has just provided Australian company Ecoult with financial support, as it aims to install all Australian homes and businesses with energy storage technology by experimenting via a project.

Ecoult CEO John Wood also mentioned that this grant was an assuring sign that the government supported locally-developed technology.

Ecoult, an energy storage company, will also be partnering with its US-based parent company East Penn Manufacturing and the Commonwealth Scientific and Industrial Research Organisation (CSIRO) on the pilot project.

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