Polarium, a leading energy storage developer, is delighted to announce the establishment of an Australia presence with local offices in Sydney and Melbourne. By extending our global presence to Australia, Polarium will continue to invest inour local presence, long established Australian partners and expanding our local services and capabilities to include lithium-ion battery and energy storage expertise. 

Polarium is a leading energy storage developer. We make energy storage and optimisation solutions built on lithium-ion battery technology for businesses within telecom, commercial and industrial facilities across the world. Polarium maximises value creation for our customers through our cutting-edge technology and a three-fold product offering of battery modules, battery energy storage systems and energy optimisation systems as well as associated services. Our modular battery technology is easily adaptable for further growth.

‍The Australian renewable energy market ‍

In 2022, 37% of Australia’s total electricity generation was from renewable energy sources, including solar, wind and hydro. The current Australian Labor government has committed to clean energy by pledging USD 13 billion to make the grid ready for clean energy. Australian consumer indicators are also showing a commitment to clean energy, such as the increase in demand for solar panels. Polarium estimates the total cumulative Australian market potential for battery energy storage to be circa 50+ GWh for the period 2023-2030.

Polarium’s Australian presence includes local offices in Sydney and Melbourne. By extending our global presence to Australia, Polarium will continue to invest in our local presence, long established Australian partners and expanding our local services and capabilities to include lithium-ion battery and energy storage expertise.

Energy storage is the missing link in the sustainable energy system 

“The Australian landscape is primed and ready for the take off of renewable energy enabled further by a strong consumer demand and governmental backing. Energy storage is the missing link in the sustainable energy system. Polarium is on a mission to unlock endless energy. Our storage solutions maximise the potential of solar and wind installations, by turning renewable energy into a dispatchable asset and ultimately become more energy efficient. We look forward to continuing to expand and further establish Australian customer relations ranging from telecom operators with tower sites, large-scale manufacturing plants, to the local community with one common challenge: unconditional energy stability, at a reduced energy cost and reduced climate impact,” says Carl-Erik Lagercrantz, chairman of Polarium.