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The Lithium Australia (ASX:LIT) share price is on watch today. Here’s why

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The Lithium Australia NL (ASX: LIT) share price is on watch today after news a subsidiary of the company received Clean Energy Council (CEC) approval. Soluna Australia Pty Ltd, of which Lithium Australia owns 50%, received CEC approval for its residential battery storage product.

The Lithium Australia share price closed yesterday, trading at 12 cents.

Let’s take a closer look at the news shared by the battery metals company this morning.

Residential battery storage product

Lithium Australia announced today that Soluna Au’s 10K Pack HV has received CEC approval and can be marketed in Australia.

The CEC inspects and…



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