AVL 7.14% 1.5¢ australian vanadium limited

Compelling reasons to invest in AVL, page-45

  1. 752 Posts.
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    Not sure if the below had been posted before.

    Another trial project giving AVL gobal exposure! I think the news flow based on curent activity will be impressive in the months to come.

    https://www.energy-storage.news/vanadium-flow-batteries-to-support-ev-charging-on-trial-in-south-korea-australia/

    Vanadium flow batteries to support EV charging on trial in South Korea, Australia


    Key takeouts:

    1. Two trials VFBs supplied by VSUN
    2. In South Korea and Australia
    3. South Korea is planning 500,000 EV charging stations by 2025
    4. Joint trial by Nanyang Technical University’s (in first 20 globally) CleanTech laboratory in Singapore and the Seoul National University of Science and Technology (SeoulTech) and Korean energy tech group CompanyWE Inc.
    5. To support existing fast charging infrasturcture
    6. The pilot project could pave the way for a nationwide network of self-reliant “distributed hybrid gas and EV stations,”

    “Australia lags well behind the rest of the world when it comes to the uptake of electric cars. This trial is significant in that it removes one of the barriers to take-up of electric vehicles in Australia – the distance between and availability of charging stations,” Patrick Gorman, a Member of Parliament representing Perth, where the trial is located, said.

    “Having a stable renewable energy charging system for electric vehicles will be a big boost for the Australia electric car market.”

 
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