Australian Flow Batteries and The SCHMID Group Announce Groundbreaking Memorandum of Understanding
Australian Flow Batteries Pty Ltd (AFB), a leader in innovative energy solutions and economical, safe, and reliable power storage, and SCHMID Energy Systems GmbH a company of the German SCHMID Group, a global technology leader with a rich history in delivering innovative solutions across multiple industries including Electronics, Renewables, and Energy Storage sectors, are thrilled to announce the signing of a Memorandum of Understanding (MoU). This MoU marks the commencement of a strategic partnership aimed at transforming the residential energy storage market. This MoU represents a collaborative e ort to leverage AFB’s comprehensive approach to electricity independence and carbon footprint reduction, with The SCHMID Group’s technological excellence and innovation. Together, the companies aim to develop and supply cutting-edge Vanadium-Redox-Flow-Battery systems, underpinning a shared vision for a sustainable energy future.
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