PCE pinnacle vrb limited

remote area power systems $20m available

  1. 761 Posts.
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    Vanadium redox batteries seem a perfect fit for the Renewable Remote Power Generation (RRPG) (http://www1.sedo.energy.wa.gov.au/pages/rrpgp.asp).

    I like the bits:
    "..... up to $20 million available for eligible projects"
    and:
    "Rebates available
    The Renewable Remote Power Generation Program provides rebates of up to 50% of the capital cost of renewable energy systems including:
    • Renewable energy generating equipment such as photovoltaic arrays and wind turbines
    • Essential enabling equipment such as power converters and energy storage systems
    • Essential non-equipment expenditure such as design and installation. "

    Combine this money with that proposed to come in to PCE after the AGM on Thurs and you have a cashed up company ready to go after the prize high visibility projects. These projects will establish VRB's as the power storage system of choice for RAPS, power conditioning at end-of-line and peak shaving in Australia.

    Add this programme to the Solar Cities programme (http://www.greenhouse.gov.au/solarcities/index.html) and we are looking at a huge business going forward.
 
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