CellCube’s patented flow battery delivers major benefits to the modern energy market place resulting from a lifetime of 20+ years and unlimited cycles. The battery systems are specifically designed for delivering reliable power up to 10 MW with stable energy capacity for long-storage durations of two to 12 hours.

American Vanadium Corp. has entered into a Letter of Intent (LOI) to acquire DMG MORI’s wholly owned subsidiary, GILDEMEISTER energy storage (GES), manufacturer of the CellCube vanadium flow energy storage system. The LOI provides American Vanadium with the exclusive right to enter into a share purchase agreement (SPA) on or before February 29, 2016.

“With our plan to provide a CellCube finance program, as well as invest in scaling manufacturing and further reduce CellCube production cost, we look forward to building the business into a global energy storage leader,” stated Bill Radvak, President & CEO of American Vanadium. “Our vertical integration strategy of combining the ‘best in class’ CellCube system and American Vanadium’s future development of high-purity vanadium electrolyte from the Gibellini Vanadium Deposit located in Nevada presents a unique opportunity to create a global leader at an opportune time.”

An aging utility infrastructure, combined with the dramatic growth of renewable energy, are strong market drivers toward long-duration storage where flow batteries are expected to dominate. Applications of four to twelve hours (such as integrating increasing amount of renewable energy into the grid, enabling microgrids and offgrid power supply solutions, demand charge reduction, and utility-scale grid balancing with transmission and distribution upgrade deferral) are where flow batteries provide the most cost-effective, reliable, and safe solution.

Importantly, the energy storage market is acknowledging that flow batteries are a better solution for large capacity, long-duration energy storage than lithium ion and other batteries. This was recently supported by a comment from Bill Gates in his white paper entitled “Energy Innovation,” which he presented at the recent Paris Climate Control Conference COP21.

In this paper, he announced his Breakthrough Energy Coalition, and Gates made a compelling case for investing in energy innovations and examined three innovations that will help achieve an “energy miracle.” He maintained that flow-batteries that could last longer and hold more energy than lithium ion batteries and that could be used to help store energy created by solar cell and wind power.

American Vanadium Corp.
www.americanvanadium.com

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Ontario’s IESO plans to use data from this energy storage project to analyze how storage can be used to smooth the power flow from wind and solar systems. A video on how flow batteries work can be viewed by scrolling down here.

Global renewable energy development company, SunEdison, signed a 10-year agreement with Ontario’s Independent Electricity System Operator (IESO) this past December to supply 5 MW (or 20-MWh) of battery storage to the province.

The Ontario IESO works at the heart of Ontario’s power system, and is responsible for making sure everyone in the province gets the electricity they need, when they need it. In addition to leveraging the battery’s storage capability, the IESO intends to use data from this energy storage project to analyze how storage can be used to smooth the power flow from wind and solar energy systems, defer expensive system upgrades, and ultimately shape the future of its grid.

This project is SunEdison’s first commercial, large-scale, grid-connected energy storage project, and is one of the first commercial applications of flow batteries in Canada.

“By integrating energy storage into their grid, the Ontario IESO gains access to a powerful new tool that has the potential to transform how it operates the power system,” said Tim Derrick, SunEdison’s GM of Advanced Solutions. “Batteries can be used to reduce grid congestion, smooth out power flow from solar and wind sources, and may help the IESO defer or avoid expensive upgrades to the grid.”

SunEdison is working with flow battery technology leader Imergy to deliver the project. Imergy’s vanadium redox-flow battery technology provides a cost effective and durable way to store energy for hours at a time.

“SunEdison’s energy storage project is one of several projects that will support reliability in Ontario by providing much needed quick response capacity and operational flexibility,” said Bruce Campbell, Ontario IESO’s President and CEO. “We congratulate SunEdison on the success of their proposal and look forward to working with them to implement this project.”

SunEdison plans to start construction of the project during the first half of 2017, with completion targeted for later that year. Operation and maintenance of the battery systems will be performed by SunEdison Services, which provides global asset management, monitoring and reporting services.

DOE Global Energy Storage Database
http://energystorageexchange.org

SunEdison
www.sunedison.com

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The company has released a demo where in the Continuum model is created and analyzed in less than 15 minutes.

Cancalia Engineering & Consulting, LLC
www.cancalia.com

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