Australian Vanadium Limited (ASX: AVL, “the Company” or “AVL” is pleased to announce that its 100% owned renewable energy and energy storage subsidiary VSUN Energy is receiving three 5kW/30kWh VRFBs from Singaporean manufacturer V-Flow Tech Pte Ltd (V-Flow). The batteries are due to arrive in Fremantle during September.
AVL and VSUN Energy have previously signed a Memorandum of Understanding with V-Flow for vanadium pentoxide offtake, vanadium electrolyte supply, VRFB sales, installation, service and maintenance.[1]
Managing Director Vincent Algar comments, “VSUN Energy and AVL have developed a strong relationship with V-Flow Tech and we are excited to be receiving V-Flow’s first batteries in Australia. The three installations will further increase our experience and provide valuable local operating examples of this Australian-invented storage technology. AVL’s manufacturing grant from the Australian Government enables us to accelerate the construction of Australia’s first vanadium electrolyte plant, to provide the key supply element to this emerging industry. The Australian Vanadium Project is at the forefront of this emerging market and driving its growth.”
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is pleased to announce that its 100% owned renewable energy and energy storage subsidiary VSUN Energy is receiving three 5kW/30kWh VRFBs from Singaporean manufacturer V-Flow Tech Pte Ltd (V-Flow). The batteries are due to arrive in Fremantle during September.
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