Australian Vanadium welcomes new battery project | News Direct

Australian Vanadium welcomes new battery project

Australian Vanadium Ltd
News release by Australian Vanadium Ltd

facebook icon linkedin icon twitter icon pinterest icon email icon Melbourne, Victoria | July 28, 2023 11:50 AM Eastern Daylight Time

Australian Vanadium Limited (ASX: AVL) CEO Graham Arvidson tells Proactive the company’s subsidiary VSUN Energy has signed an agreement with Western Australia’s regional energy provider, Horizon Power, for the purchase, installation and commissioning of a VFB (vanadium flow battery) in Kununurra, Western Australia. The 220kWh battery, which can deliver up to 78kW of power, will be sourced from leading global VFB manufacturer Invinity Energy Systems plc.

Arvidson said, “This is the first contracted VFB project for an Australian energy utility. VSUN Energy has been actively pursuing opportunities for VFB deployments and is seeing an increased interest from all energy sectors for this effective energy storage technology which uses vanadium at its core.

“Horizon Power has chosen to be one of the early movers in Australia in support of a technology game changer for the many microgrids in the country. Horizon Power’s support of the VFB technology will also assist AVL and VSUN Energy’s planned vertical integration “pit to battery” strategy. Future VFB projects in Australia will not only be deployed locally, but have significant local content, including AVL’s vanadium electrolyte from its plant which is currently under construction in Wangara, Western Australia.”

 

 

Contact Details

 

Proactive Investors

 

Jonathan Jackson

 

+61 413 713 744

 

jonathan@proactiveinvestors.com

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