TNG signs deal to commercialise vanadium redox flow batteries using output from Mount Peake project @small-caps
By Imelda Cotton - April 13, 2021
"Perth-based resource and mineral processing technology company TNG (ASX: TNG) has moved closer to delivering its green energy strategy with the execution of an agreement for an incorporated joint venture with leading Singapore-based battery development company V-Flow Tech Pte Ltd."
"The company is now targeting the output of 6000 tonnes per annum vanadium pentoxide from the project and is planning a review of design, engineering and feasbility requirements for a vanadium electrolyte production facility in Australia."...
The money's in the electrolyte.
APRIL 12 2021 - 1:15PM
Top End's remote communities going solar
"The Northern Territory is another step closer to switching on solar power for remote Indigenous communities.
Solar panel arrays and batteries are set to replace diesel generators in 72 communities across the Top End."...
@ando1/others It would be great if these batteries were VRFB's (an Aussie invention), but for ease of install and maintenance will probably be Li-ion.
Would like to see our nearsighted pollies get behind an electrolyte facility in the top end to supply local and Asia. Gov grant or NAIF?
I understand everyone's criticism (as a LTSH), but currently VRFB's are the best for renewables/micro/grid storage and it would not be good business for TNG to ignore this 'value-adding' burgeoning opportunity.
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- Ann: TNG Signs Heads of Agreement with VRFB Producer
Ann: TNG Signs Heads of Agreement with VRFB Producer, page-12
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