HBIS Co., Ltd. Completes Phase One 100 MW Vanadium Flow Battery Storage Production Line
Date: 08 Nov 2024 |
Source: VRFB-Battery WeChat, 8 November 2024
HBIS Co., Ltd. has officially completed the first phase of its vanadium flow battery energy storage project, advancing the company's commitment to the national "Dual Carbon" strategy. This milestone represents a significant step toward supporting green energy storage solutions and the growth of the vanadium flow battery industry.
The project, launched in October 2023 as a joint venture between HBIS subsidiary Chengde Vanadium Titanium New Material and VRB Energy, has attracted a total investment of ¥1.008 billion to develop a comprehensive 300 MW vanadium flow battery energy storage facility. Following successful testing, the phase one 100 MW production line is ready for commercial production, with order inquiries and partnerships underway.
Vanadium flow batteries are known for their high capacity, long lifespan, and recyclability, making them ideal for supporting renewable energy sources such as wind and solar power. As the renewable energy sector continues to expand, the need for efficient and reliable energy storage systems becomes increasingly critical. HBIS's commitment to developing vanadium flow battery technology aligns with national strategies to reduce carbon emissions and promote sustainable energy solutions.