ASX ANNOUNCEMENT 4 TH SEPTEMBER 2019
AVL SECURES VANADIUM REDOX FLOW BATTERY SALE
Vanadium Redox Flow Battery to form part of solar and energy storage system at an orchard in Victoria
KEY POINTS
• AVL’s wholly owned subsidiary, VSUN Energy Pty Ltd, has secured an order for an 20kW/80kWh
vanadium redox flow battery
• The vanadium energy storage system will be installed at an orchard in Packenham, Victoria
• The system will be attached to an existing 60kW solar array which will be expanded by a further
100kW of solar generation
• Increased renewable energy supply is the key driver for the client
• The agricultural sector provides a strong client base for reliable, safe and long-duration energy
storage
• Final configuration is dependent on results of grant application
AVL Price at posting:
1.2¢ Sentiment: Hold Disclosure: Held
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