VRB Energy’s Shanxi Changzhi 3 GWh Vanadium Flow Battery Facility Officially Starts Operations
Date: 31 Dec 2024 |
Source: VRFB-Battery WeChat, 26 December 2024
VRB Energy (普能公司) has announced a major milestone with the commencement of operations at the first phase of its Shanxi Changzhi 3GWh Vanadium Flow Battery Industrial Base. This development follows the strategic collaboration agreement signed on 15 October 2024, between China's LuBao Group and America's Ivanhoe Group, marking a new era of international cooperation in green energy storage solutions.
At the launch event, Liu Huichao, Executive Vice General Manager of VRB Energy, detailed the construction progress, layout, and equipment of the first-phase production line of the energy storage system. He also outlined the assembly process of VRB Energy’s Gen3 stack technology, expressing gratitude to LuBao Group leaders and the frontline workers for their dedication and support.
Yang Zhijun, President of LuBao Group, delivered a speech emphasizing that this launch is just the beginning. He committed to fully supporting the development of the vanadium flow battery industry and encouraged the team to adopt LuBao’s industrious spirit of “achieving in one day what others accomplish in three.” Plans are underway for an accelerated rollout of the second-phase storage system and electrolyte projects.
The facility's construction has benefited greatly from the robust support of local government authorities. VRB Energy is leveraging its expertise in industrial development in Shanxi Changzhi and aims to expand its footprint nationwide based on project requirements.
To ensure a steady supply of vanadium resources, VRB Energy has partnered with China’s second-largest vanadium producer, Chengde Vanadium Titanium, to establish Hebei Dahe Energy Storage Technology Co., Ltd. Additionally, VRB Energy's controlling shareholder, LuBao Group has invested in premium vanadium mines in western Hunan, securing essential resources for upcoming projects.
Aligned with China's national strategy for renewable energy development, VRB Energy is on track to create a state-of-the-art, globally leading vanadium flow battery industrial chain. With an ambitious plan to invest billions over the coming years, LuBao Group envisions VRB Energy becoming a flagship enterprise of Sino-American cooperation, a leader in global vanadium flow battery energy storage, and a driving force for the world’s green energy transition.