V-Liquid Energy Signs 3.2 Billion Yuan Vanadium Flow Battery Production and Energy Storage Project in Zhaoqing, Guangdong
Date: 22 Jul 2024 |
Source: VRFB-Battery WeChat, 22 July 2024
19 July, Zhaoqing, Guangdong — V-Liquid Energy has officially signed an agreement with the Guangdong-Guangxi Cooperation Special Experimental Zone (Zhaoqing) Management Committee to invest 3.2 billion yuan in a comprehensive vanadium flow battery production and energy storage station project in Zhaoqing's industrial area.
According to the cooperation agreement, the total investment of 3.2 billion yuan includes a fixed asset investment of 3 billion yuan. This investment will be used to establish a new integrated production line for vanadium flow battery energy storage systems and an energy storage station. Once fully operational, the project is expected to generate an annual output value of 5 billion yuan and annual tax revenue of 200 million yuan.
Founded in 2004, V-Liquid Energy is a nationally recognized high-tech enterprise. The company transitioned into the vanadium flow battery energy storage sector in 2016, establishing digital factories in Sichuan, Xinjiang, Ningxia, and Gansu. Today, Weili Energy is a leading enterprise in the energy storage equipment manufacturing industry, integrating research and development, production, sales, and operations and maintenance. The company boasts over 100 independent core intellectual property rights and is pioneering several industry-leading technologies, including the world's first laser welding packaging process for battery stacks, 1500kW power unit integration technology, and a standard process for integrated weldable bipolar plates. Weili Energy has achieved autonomous control over key materials across the entire industry chain and is a leading member of the Flow Battery Standards Committee.
The upcoming project in Zhaoqing is expected to significantly enhance the new energy storage industry in Zhaoqing and its surrounding areas. This initiative will inject fresh momentum into the region's high-quality development and bolster its new energy capabilities.