Australian Battery storage developer RedFlow has signed a master supply agreement with energy management company Schneider Electric.
The agreement paves the way for the two companies to collaborate and develop energy storage solutions systems incorporating the Redflow battery.
"Our smart battery technology is ideally situated to some of the markets Schneider currently service and we are working with Schneider to identify solutions for those customers,” said Stuart Smith, chief executive officer for RedFlow, in a joint statement with Schneider.
"Our agreement with Schneider is not industry specific and offers us the opportunity to expand our business into all channels Schneider currently operate in and service, including those with unreliable grid supply as well as off-grid and mirco-market grid markets.”
He added that RedFlow's batteries have already been tested and operated in series with a Schneider inverter using a 360V DC BUS which further validates the company's technology.
Dirk Krueger, Queensland State Manager for Schneider Electric, said in the statement, "RedFlow's technology offers customers a range of cost and environmental benefits in certain applications.
"The potential reduction in diesel run time and use of lead acid batteries in some applications could have benefits for both customers and the environment."