The Turnbull Government is helping Australian innovators develop cutting-edge technology that could help revolutionise battery storage and lead to a new generation of innovative products.
Ultra-thin flexible printed batteries being developed by Brisbane-based company Printed Energy Pty Ltd will have applications in new products, including Internet of Things devices, wearable electronics, healthcare products and industrial scale solar energy storage.
Printed Energy received funding under the Government’s latest round of CRC Projects (CRC-P) grants to accelerate work on the technology.
Printed Energy’s $12 million project received a $2 million CRC-P grant that will allow the partners to continue developing the ground-breaking technology.
Today I visited the University of Queensland, one of Printed Energy’s project partners, to officially announce the grant.
Printed Energy’s work means that ultra-thin, flexible batteries for cheap portable devices and renewable energy are one step closer to reality.
Once developed, the technology could revolutionise battery storage and reduce manufacturing costs by using abundant, non-toxic materials.
Improving collaboration between researchers and industry to cultivate a more innovative and entrepreneurial economy is a key pillar of the Government’s National Innovation and Science Agenda.
The CRC Project stream assists in encouraging SME participation in collaborative research, solving problems and delivering tangible outcomes for industry.
In this particular project, Printed Energy worked with the University of Queensland, University of New South Wales, Sunset Power International Pty Ltd and Sonovia Holdings LLC.
I congratulate the principals of Printed Energy, Trevor St Baker and Mr Brian Flannery, for their initiative in securing the printed batteries technology and helping bring it to Australia for development and commercialisation.
By facilitating business involvement in collaborative research, the CRC Projects strongly align with the Australian Government’s commitment to improve the competitiveness, productivity and sustainability of Australian industries as a source of new growth and new jobs.
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