VANADIUM FLOW BATTERIES GAINING TRACTION

 A Vanadium battery balancing windoutput at Japanese wind farm

A Vanadium battery balancing windoutput at Japanese wind farm

• Gildemeister has sold and installed 60+ systems - currently in operation worldwide

• UniEnergy has over 20 MW/80 MWh of systems deployed / ordered / awarded

• UniEnergy ‘s strategic partner / affiliate Rongke Power to deliver world’s largest battery in China – 800 MWh for peak shaving / grid stabilization

• redT’s VRB being installed on Scottish Island – 15kW / 240kWh

• New developments include lithium-vanadium phosphate batteries for potential electric vehicle applications

 

STRATEGIC RELATIONSHIP WITH STINA RESOURCES


• Stina’s major asset: Bisoni McKay vanadium property in Nevada

• 764 acres (37 mining claims)

• 32 miles SE of Eureka, Nevada

• Over $800,000 spent on drilling and exploration

• Over 6000 m of drilling

• Estimated resource of 130 million lbs of V2O5

• Open to the North, known to extend to the South, and at least 600 feet in depth with 2,000 feet strike length

• Open pittable

• Leachable

• Low direct costs

VANADIUM RFB ADVANTAGES OVER LITHIUM-ION


Scalable

• Multi megawatt – gigawatt installations

Dispatchable

• Addresses multiple grid needs / grid balancing

Flexible

• Independently scale power, or energy

• Increase energy = increase electrolyte

Durable

• 20+ year lifetime (battery stack)

• Electrolyte holds energy indefinitely

Safe

• Wider temperature range

Green

• Reusable and rechargeable up to 400,000 cycles

• Best solution for grid-scale storage on the market today
 

 

IES ADVANTAGES

 Source: *metalpages.com Mar 2017, ** Largo, ***vepp.org

Source: *metalpages.com Mar 2017, ** Largo, ***vepp.org

 

STRATEGIC RELATIONSHIP WITH STINA RESOURCES

• Stina’s major asset: Bisoni McKay vanadium property in Nevada

• 764 acres (37 mining claims)

• 32 miles SE of Eureka, Nevada

• Over $800,000 spent on drilling and exploration

• Over 6000 m of drilling

• Estimated resource of 130 million lbs of V2O5

• Open to the North, known to extend to the South, and at least 600 feet in depth with 2,000 feet strike length

• Open pittable

• Leachable

• Low direct costs

 
map3.png
 
 
 

Previously proposed North and South open pits with plants positioned between the two pits