News

Australian Vanadium signs MoU for energy storage opportunities using vanadium redox flow battery technology

Proactive Investors

Australian Vanadium Ltd has signed a non-binding memorandum of understanding (MoU) with Metrowest Power Systems to facilitate energy storage opportunities using vanadium redox flow battery (VRFB) technology.

Metrowest’s proven track record and networks in industrial and utility sectors, combined with the financial, marketing and technical capabilities of AVL and its subsidiary VSUN Energy, will provide the MoU participants the ability to tackle larger projects and rival prominent market players.

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Batteries Going with the Flow

Australian Energy Council

Australia is one of the fastest growing energy storage markets in the world with the most mature storage technologies being pumped hydro and lithium-ion batteries. But other technologies have been developing in the background – such as flow batteries – which provide opportunities in larger scale applications.

With technology born out of the University of New South Wales, VSUN Energy also offers Vanadium Redox Flow Batteries, which use a circulating electrolyte solution of vanadium pentoxide to store the charge in tanks.

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What bill shock? WA nursery celebrates two years of shunning the grid

Sydney Morning Herald

A Busselton nursery is celebrating two and a half years of paying nothing for its electricity usage after installing an industrial size battery and small solar array on its block two hours south of Perth.

Lucy Stuart and her husband Ian installed a 10kW power 100kWh vanadium redox flow battery at their native tree nursery in 2016 and since then has not paid for any of the energy its used.

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Busselton farmer’s renewable energy win

Busselton Mail

A Busselton farmer has not had to pay for any of the energy they used for more than two and a half years after installing a renewable energy device.

Farmer Lucy Stuart helped pioneer a vanadium redox flow battery when she bought a battery for her native tree nursery she owns with her husband Ian.

Ms Stuart said since they had installed the vanadium flow battery, they had not experienced any interruptions to power and had not paid for any power.

The battery was the first vanadium redox flow battery installed in WA and was the first of its type sold by VSUN Energy which markets industrial-grade vanadium redox flow batteries.

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