AVL 0.00% 1.6¢ australian vanadium limited

Cellcube signs five-year agreement to deploy 1GW-plus of flow...

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    Cellcube signs five-year agreement to deploy 1GW-plus of flow batteries in Southern Africa
    ByCameron Murray
    May 17, 2022


    ...
    But he also pointed out that the VRFB supply chain has a long way to go.

    “I’d guess that outside China, in 2021 the vanadium battery supply chain was about 30MW production capacity on an annual basis. It’s peanuts compared to lithium. The big question is how we get our suppliers to ramp up and invest in larger machines and larger tools to move from a 30MW production capacity on an annual basis to a 300MW and then a 3GW annual capacity. I am not saying this because we are waiting for someone, CellCube is actively working with its partners to get this ramped,” he said. ...


    https://www.energy-storage.news/cellcube-signs-five-year-agreement-to-deploy-1gw-plus-of-flow-batteries-in-southern-africa/
 
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