VRB Energy to construct battery-integrated solar power terminal in China

• VRB Energy has accepted build a 100MW solar photovoltaic or pv plant with a 100MW/500MWh integrated vanadium flow battery in Xiangyang, Hubei District, China.

VRB Energy has actually agreed to construct a 100MW solar photovoltaic plant with a 100MW/500MWh integrated vanadium flow battery in Xiangyang, Hubei District, China.

The Xiangyang Municipal Government, Hubei Pingfan New Energy, the Xiangyang High-tech State-owned Capital Investment and also Operation Group, and VRB Energy authorized a framework contract for the project.

The agreement consists of building of the initial 50MW each year capacity of a VRB-ESS 1GW gigafactory in the country. Canada-based VRB Energy will certainly additionally build a vanadium flow battery r & d institute.

The company will begin building benefit the initial 40MW/200MWh VRB-ESS and 50MW manufacturing facility in May this year.

VRB Energy chairman Robert Friedland claimed: "This project is a huge stimulant for VRB Energy's worldwide development and also further shows that we are creating the outright best technologies to support the around the world green energy change.

" China intends to mount over 1TW of solar PV as well as wind power by 2030, with both the United States and also the European Union prioritizing eco-friendly power solutions.

" Energy storage remains a crucial challenge in the mass adoption of renewable resource, and also we're very honored to be blazing a trail in developing sophisticated services at VRB."

VRB Energy Chief Executive Officer Dr Mianyan Huang said: "This provides a special chance for scale-up of the vanadium flow battery sector, and also we applaud the federal government's plans to sustain development of a $14bn world-leading vanadium energy storage space industry collection."

The business's project in Hubei is being prioritised as part of its nationwide energy storage space policy and also sped up facilities investment.