Vanadium's Rising Prominence in Energy StorageRecent innovations and noteworthy milestones in the vanadium sector reflect an ongoing dedication to sustainability and energy efficiency.Foremost among these is the commencement of construction on Zhejiang Junyang New Energy’s 1GW/4GWh vanadium flow battery core industrialization project in Dunhuang City. This monumental project represents a $2-billion-yuan (approximately USD$270MM) investment highlighting the growing confidence in vanadium flow batteries (VFBs) to meet escalating energy demand, sustainably. For reference, at its full scale, the 4 GWh project would require approximately 40,000 tonnes of vanadium pentoxide (V2O5) equivalent, or 18% of the current’s world’s vanadium production.where is it gunna come from?
AVL news, page-657
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