The Directors of Pinnacle VRB Limited are pleased to announce that the Company has successfully tendered for Hydro-Electric Corporation's King Island Renewable Energy Expansion Project.
Pinnacle VRB Limited will be constructing and installing a VRB with a Rated Output of 200kW and a Rated Output Time of 2 hours.
Pinnacle is pleased to have its technology accepted and installed in Australia, particularly in conjunction with Tasmania's Hydro-Electric Corporation. When completed this will be the first VRB to be installed in Australia and the fourth outside of Japan with the other three being a small battery in Italy, and Vantech VRB Technology Corporation's installations in the USA and in South Africa.
Further details regarding the project will be released shortly.
PCE Price at posting:
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