Energy storage and micro grid joint venture formed

American Vanadium Corp. signed a memorandum of understanding with Germany-based Gildemeister to jointly explore partnership agreements to provide energy storage and micro grid solutions in North America.

The companies will use Gildemeister’s commercialized CellCube energy storage system and American Vanadium’s supply of high purity vanadium electrolyte to provide the systems, and will examine business models that will allow for the adaptation of Vanadium Redox Flow Batteries.

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