Country for PR: Hong Kong
Contributor: PR Newswire Asia (Hong Kong)
Friday, August 11 2017 - 10:00
AsiaNet
Supercharging the Territory - Energy Renaissance secures Government support to build its 1GW lithium ion battery facility in Darwin
SYDNEY, Aug. 11, 2017 /PRNewswire-AsiaNet/ --

Energy Renaissance spent two years exploring several potential sites for 
Australia's first lithium ion battery factory. The ongoing support of the 
Northern Territory Government is helping seal the deal to site the facility in 
Darwin.

Photo - https://photos.prnasia.com/prnh/20170810/1917801-1 

With planning for the facility heating up, reaching an agreement on support 
from the Northern Territory Government could not have come at a better time.

"The Territory Labor Government wants to secure jobs of the future now. This is 
why we are supporting innovative investments such as Energy Renaissance's 
battery manufacturing project in Darwin, and this is why we want  to see 50% 
renewable energy in the NT by 2030." stated the NT Chief Minister, Michael 
Gunner this week.

Development of a manufacturing facility requires access to a suitable 
industrial site, supply chain infrastructure, and a skilled and 
technologically-literate workforce. The Renaissance One facility builds much 
needed economic diversity and generates maximum value-add from available 
mineral assets. 

Renaissance One will be a large and highly innovative manufacturing facility, 
and aims to become an employer of choice for the local workforce. Local 
industries will benefit directly from engagement with the manufacturing supply 
chain, and indirectly from increased cash-flow within the local economy. 

The support and engagement of the Northern Territory Government in the project 
and research for viable sites has been a strong contributing factor in 
selecting the right location.

"Battery storage will be an important element in future renewable energy 
propositions and it is exciting Energy Renaissance has identified Darwin as 
their preferred site. Darwin is the capital of the north and we provide 
strategic advantages with our proximity to market. Projects such as this will 
help the Territory's economy grow over the long term, creating exciting local 
job and career opportunities for Territorians." 
Michael Gunner, Chief Minister of the Northern Territory.

The time is right to be developing opportunities for new investment, from both 
public and private sources. The emergence of Darwin as a centre for innovation 
in renewable energy will add much-needed diversity to the Northern Territory 
economy. 

Growth in the capacity and investment in Australia's renewable energy sector, 
supports our international commitments on climate change, particularly the 
achievement of 2030 emissions targets.

Media contact: 
Julie Frikken
julie@energyrenaissance.com.au 



Source: Energy Renaissance