Sydney-based lead-acid energy storage specialist Ecoult has secured AU$4.1 million (US$3.13 million) recoupable funding from the Australian Renewable Energy Agency (ARENA) to develop and commericalise its UltraBattery products.

Australia-based Ecoult has been selected by German developer Freqcon to install its UltraBattery lead-acid ultracapacitor hybrid for energy storage at South Dublin’s Tallaght Smart Grid Testbed.