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VRFB

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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VRFB firm appoints new VP in readiness of 1.4GWh manufacturing facility

Wed, 05/26/2021 - 10:36 -- Paul Crompton
VRFB firm appoints new VP in readiness of 1.4GWh manufacturing facility

Vertically-integrated vanadium firm Largo Resources has appointed Salvatore Minopoli as vice president of operations at its subsidiary Largo Clean Energy.

Minopli will have overall responsibility for commercial development and implementation of the strategic business growth plan at the Canadian company.

Minopoli has developed and executed utility-scale projects in both regulated and merchant energy markets, and most recently served as vice president of UK liquid-air energy storage firm Highview Power.

In April, Largo secured a location for its stack manufacturing and product development center in Massachusetts, US, with an expected annual nameplate manufacturing capacity of 1.4GWh. 

The company also approved a location in New Hampshire, US, for its clean energy division’s electrolyte production and manufacturing of containerised vanadium redox flow battery (VRFB) systems.

The Company is progressing with the certification of its VCHARGE± system under UL1973 and UL9540 requirements.

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VRFB firms RedT and Avalon merge to topple lithium-ion’s place as first choice for ESS projects

Thu, 04/09/2020 - 10:07 -- Paul Crompton

Vanadium redox flow battery firms RedT Energy and Avalon Battery Corporation have finalised a merger with the goal of becoming a key competitor to lithium-ion technology in the growing energy storage markets.

The new firm is called Invinity Energy Systems (Invinity), and combines the existing strengths of both the UK-based RedT and the US-based Avelon.

The merger was agreed on 1 April following a shareholder meeting.

Larry Zulch, CEO of Invinity (former CEO of Avalon), said: “The merged company will be a world leader in flow batteries. This gives us the platform to compete head-to-head against incumbent lithium-ion giants, and in so doing prove that our robust, safe, non-degrading energy storage solutions are the best option for delivering the world’s ambitious decarbonisation targets.

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Commercial start for vanadium electrolyte using novel tech in Canada

Thu, 04/04/2019 - 12:43 -- Hugh Finzel
Commercial start for vanadium electrolyte using novel tech in Canada

Canada’s Electrochem Technologies & Materials has started commercial production of all-vanadium equimolar electrolyte solutions directly from vanadium pentoxide purchased on the market by using a novel process.

Production of the electrolyte for vanadium redox flow batteries “is now performed on demand” at Electrochem’s facilities in Quebec, using the company’s proprietary VRFBEX unit.

The process uses VEPT (VanadiumCorp-Electrochem processing technology)— which has been jointly developed with Vancouver-based mining and technology firm VanadiumCorp Resource.

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