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VRB Energy

Investment to drive growth in vanadium redox flow battery deployment

Fri, 07/16/2021 - 08:37 -- Paul Crompton
VRB Energy’s quality assurance team performing final inspections on the cell stacks and electrolyte tanks

Flow battery firm VRB Energy aims to accelerate growth following investment from Thailand renewable energy companies BCPG.

VRB will use the $24 million to support the rollout of its Gen3 VRB-ESS vanadium redox flow battery, expand manufacturing capacity and vertical integration of vanadium processing.

The investment includes the two firms working together to add storage to existing and planned projects to optimise system performance and revenues, as well as exploring other business development opportunities in Thailand, including “localisation of manufacturing”.

BCPG’s support validates VRB Energy’s advanced-flow battery technology as the ideal solution for integrating solar and wind power across the region.

VRB Energy chairman Robert Friedland said the investment reinforced their belief that flow batteries were a game-changing technology, and would be a catalyst for integration of “massive amounts” of renewable energy around the region.

Pichai Chunhavajira, BCPG’s chairman, will be appointed to the Board of Directors of VRB Energy upon the completion of the transaction.

Beyond the Asia-Pacific region, VRB Energy is in discussions with developers and utilities in the US, Europe and South Africa for 100MW-class PV+VRB projects.

In March, VRB Energy announced a framework agreement that set out plans for a gigafactory, R&D institute and energy storage system deployment in China. 

The plans included a 100MW/500MWh vanadium flow battery integrated power station project.

Photos: VRB Energy’s quality assurance team performing final inspections on the cell stacks and electrolyte tanks of the 3MW / 12MWh VRB-ESS at the Hubei Xiangyang project.

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Commissioning starts on ‘China’s largest vanadium flow battery’

Mon, 01/21/2019 - 00:00 -- Hugh Finzel
Electrolyte tanks installed for the 3MW 12MWh VRB-ESS at the Hubei Zaoyang project

Chinese vanadium redox battery manufacturer VRB Energy has begun commissioning a 3MW/12MWH vanadium redox battery, phase one of its Hubei Zaoyang 10MW/40MWh project, which will be the “largest vanadium flow battery installed in China”.

The system is being installed to integrate a large solar photovoltaic system into the grid at Zaoyang.

VRB’s chief technical officer Dr Mianyan Huang said: “We are delighted to have successfully integrated the first module of a 1MW/4MWh VRB-ESS into the grid, allowing our customer, Hubei Pingfan, to immediately benefit from cost-savings on peak-hour electricity tariffs through energy arbitrage at its industrial park.”

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VRB Energy ramps up redox flow BESS in China Primary tabs

Mon, 11/12/2018 - 00:00 -- Hugh Finzel

Global vanadium redox flow battery manufacturer VRB Energy has started the commissioning of an energy storage system in China’s Hubei Province.

VRB said the 3-megawatt/12-megawatt-hour vanadium redox battery in Zaoyang is part of 10MW/40MWh contract the company was awarded in November 2017.

The Zaoyang battery will be used to integrate a large-scale solar PV system into the grid. The first— 250kW/1MWh— battery module of the system has been successfully commissioned.

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Canada-China firms in vanadium batteries deal

Thu, 07/05/2018 - 12:18 -- Xuan Zhong
Canada-China firms in vanadium batteries deal

A Canadian-owned Chinese flow battery maker has signed a deal aimed at boosting the global take-up of its vanadium flow batteries.

The framework cooperation agreement between China’s Pangang Group Vanadium and Titanium Resources and Canadian-owned VRB Energy will ensure a “stable vanadium electrolyte supply” for VRB’s proprietary vanadium redox batteries.

 

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