I'm curious if any holders thought twice about the following paragraph regarding VSUN in the quarterly.
There are two aspects here that leapt out at me.
- "AVL is looking at ways to provide VSUN with its own funding", this screams partnership to me? I'm guessing, but could we see a collaboration with Bushfield's new Invinity Energy Systems business? That's probably way too optimistic, but I'll put it out there.
- VSUN's current pipeline of projects is mentioned and I can't recall them releasing this info before - '...significant project pipeline it has developed... current pipeline... VRFBs is 20.9GWh'. Yes GIGAWATTS. Doing some back of envelope sums, 20.9GWh is 20900MWh - from previous documentation it requires 9.89t of V2O5 for a 1MWh battery => therefore 206,701 tonnes of V205 will be needed for the pipeline if it eventuates. Two hundred thousand tonnes seems an impressive number, let's hope they can land these project because up to now, 1 or 2 installs a year isn't cutting it. The recent dairy farm battery was 320kWh (or .32MWh) this pipeline is 65,000 times the size of that. Happy to be corrected here too if my maths are wrong.
Is this pipeline an indication that the battery nirvana we've all been waiting on is getting closer?
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I'm curious if any holders thought twice about the following...
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