Melbourne-based company Relectrify is developing and commercialising control technology that increases battery storage lifetime by as much as a third and reduces costs by up to half compared to existing market-leading offerings.
The Relectrify BMS+Inverter incorporates its advanced life-extending battery management systems (BMS) - which unlocks extra performance in battery systems by boosting their second-life storage capability and lifespan - alongside low cost, ultra-high efficiency battery inverters.
The ground-breaking technology has wide application because it can be used across residential, industrial and grid storage, using either new or second-life batteries.
It unlocks extra lifetime in new and second-life batteries and extra capacity in second-life batteries, reduces the cost of component parts and offers higher than typical efficiency, low electromagnetic interference and improved harmonic control.
Relectrify’s BMS+Inverter is already in operation, including in a grid storage pilot with Nissan North America and American Electric Power (AEP), a leading US power company with more than 5 million customers.
Relectrify is now engaging with globally leading battery storage manufacturers, distributors and integrators, seeking strategic partners to help bring leading products to the market.
In December 2018, Relectrify announced a collaboration with Nissan Motor and Sumitomo subsidiary 4R Energy Corp to deliver battery storage products.
The CEFC has increased its stake in Relectrify, investing a further $2.5 million through the Innovation Fund to lead the company’s Series A equity raising. This brings the CEFC’s total investment in Relectrify to $3.25 million.
Relectrify, founded in 2015, is an alumni of the University of Melbourne accelerator program and was also one of 10 start-up companies to take part in the inaugural Clean Energy Innovation Fund Innovators Demo Day in February 2017.
Learn more about Relectrify
Learn more about the Clean Energy Innovation Fund
National, Innovation Fund, Storage, Renewable energy