Groundbreaking Held for 60,000 m³/year Vanadium Electrolyte Plant in Panzhihua
Date: 02 Feb 2026 |
Source: ASIACHEM WeChat, 29 January 2026
On 28 January 2026, RS Energy Technology (Panzhihua) Co., Ltd. held the official groundbreaking ceremony for its 60,000 cubic meters per year vanadium electrolyte project in Panzhihua’s Xiqu District. The project is described as having total investment exceeding RMB 100 million, with Phase 1 occupying approximately 40 mu of land. Once completed, the facility is expected to become a leading vanadium electrolyte production base in Southwest China, supplying critical materials to support the growing global long-duration energy storage market.
As a key investment project supporting Panzhihua’s development as “China’s Vanadium-Titanium Capital,” the plant will leverage the region’s advantages as a major vanadium resource area and integrate more than 40 years of R&D experience in VFB stacks and electrolyte from RS Energy, a subsidiary of RS Technologies. The facility will focus on producing high-purity, high-performance vanadium electrolyte that can be flexibly applied across multiple energy storage scenarios. The project plans an annual capacity of 60,000 m³, which is expected to support roughly 1 GWh of vanadium flow battery (VFB) energy storage systems.
At the ceremony, Issei Osawa, Senior Executive Director of RS Group, thanked the Panzhihua municipal government, Xiqu District authorities, and relevant parties for their support. He noted that Panzhihua’s vanadium resource endowment aligns strongly with the company’s long-standing technical capabilities. He added that the project aims to build an integrated industrial loop spanning “resource development—materials manufacturing—system application,” supporting a storage-centered “1+N” industrial ecosystem in the region. He emphasized a “safety first” approach during construction, targeting a safe and benchmark project delivery. The project is also described as a key element of RS Group’s China energy strategy and an important future node in its global vanadium electrolyte supply chain.
Panzhihua is accelerating the build-out of its “Vanadium-Titanium Capital” strategy, with a focus on green and low-carbon industries including vanadium-based energy storage. The project is positioned as a contribution to China’s “dual-carbon” goals and is expected to help strengthen the local vanadium energy storage value chain, support large-scale renewable integration, and provide reliable grid services such as peak shaving and frequency regulation.
Project at a Glance
- Project: 60,000 m³/year vanadium electrolyte production facility
- Developer: RS Energy Technology (Panzhihua) Co., Ltd.
- Location: Geliping Industrial Park (within Xiqu District, Panzhihua)
- Phasing: two phases of 30,000 m³/year each
- Investment: approximately RMB 500 million.
- Estimated system support: ~1 GWh VFB energy storage systems.