Hybrid Systems Australia has signed a 10-year lease for a facility at Perth Airport to manufacture standalone power systems, and announced an acquisition.
The state government has awarded contracts worth $17 million for 98 new stand-alone power systems and partial funding for a $9.4 million biofuel plant.
Gnangara-based Pacific Energy will acquire Kewdale's Hybrid Systems Australia as the company positions itself to support an accelerating roll out of new electricity generation technology, such as standalone power systems.
Magellan Power is considering operations for a capital raising early next year, including an IPO, as it sharpens its strategy to expand production of standalone power systems and microgrids.
The battery minerals boom may have captured the public's imagination, but WA is also at the vanguard of applying batteries and other technologies at the consumer level.
The state government has today announced the rollout of $8.8 million of stand-alone power systems, with Perth-based companies Hybrid Systems and BayWA r.e Solar Systems to lead the first stage of deployment.
