Canada VRB Energy officially started the construction of a 100MW/500MWh vanadium flow battery energy storage project in Hubei Province, China. The Xiangyang Energy Storage Project will support 1GW of new wind energy and solar photovoltaic power generation projects.
Sparton Resources said that the total investment in all facilities is 1.81 billion Canadian dollars (1.44 billion U.S. dollars), and the company holds a 9.8% stake in VRB Energy through its subsidiary VanSpar Mining.
The vanadium flow battery integrated power station project was implemented by Hubei Province and the State Power Investment Corporation through Hubei Green Power Zhongfan New Energy (Green Power ZF). The project is part of China's national "carbon neutral and carbon peak strategy".
According to Sparton Resources, it will invest 841 million Canadian dollars (668 million US dollars) to build the initial 100MWh all-vanadium redox flow battery energy storage power station and 500MW distributed rooftop photovoltaic installations. The power station of the project will be built in the Automobile Industrial Park of Xiangyang High-tech Development Zone. The power station covers an area of 8 hectares and is expected to be officially put into operation by the end of next year.
Huang Mianyan, CEO of VRB Energy, said: "The groundbreaking ceremony marks the official construction phase of the 100MWh all-vanadium flow battery energy storage project, which will accelerate the promotion of vanadium flow battery energy storage systems in Hubei." "The application of our new technology is The new business has laid a solid foundation. VRB Energy has participated in the construction of the first phase of the 3MW+3MW/12MWh vanadium flow battery energy storage project of the 10MW solar energy and energy storage project in Zaoyang, Hubei in 2019, and the project is progressing smoothly."
Keywords: new energy, international engineering news, foreign engineering project information
VRB Energy’s vanadium redox battery system is designed to store energy in a liquid electrolyte by using a process based on reduction and oxidation in the form of vanadium ions. In July 2021, the company received a US$24 million investment from the Thai renewable energy developer BCPG.Editor/Baohongying
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