Found this, which may interest ATI holders...
Japanese Island to Install Vanadium Battery Energy Storage System
Thursday August 1, 2013, 4:00am PDT
By Andrew Topf - Exclusive to Vanadium Investing News
PhotovoltaicThe northern-most Japanese island of Hokkaido will host a large battery storage system to harness the power of the wind and sun, using vanadium redox flow battery technology.
Vanadium flow batteries, which employ vanadium pentoxide, are large liquid-filled tanks that are used to store energy for the power grid. The batteries provide cost-effective solutions for power companies and utilities facing a growing need to manage the supply of wind and solar electricity, as the batteries can be used to store green energy and release it when demand peaks.
Bloomberg reports that Sumitomo Electric Industries (TYO:5802), a Japanese maker of electric wire, cables and electric monitoring systems, will set up the battery system by March 2015 at Hokkaido Electric Power Co.’s (TYO:9509) Minami Hayakita substation in the town of Abira. The system will have 60 megawatt hours of storage capacity and will be installed for a three-year pilot project
.....
Midwest Vanadium, a subsidiary of ASX-listed Atlantic (ASX:ATI), announced that the first shipment of iron ore from its Windimurra mine in Western Australia left for China in mid-July. The company has a contract with a Chinese buyer to deliver iron ore fines, a byproduct of vanadium production from Windimurra, Mining Weekly reported.
http://vanadiuminvestingnews.com/3693-japanese-island-to-install-vanadium-battery-energy-storage-system.html
Found this, which may interest ATI holders...Japanese Island to...
Add to My Watchlist
What is My Watchlist?