NEW YORK American
Vanadium Corp. has entered into an agreement to market and sell
Gildemeister Energy Solutions CellCube vanadium redox
flow batteries in North America.
While Vancouver, British
Columbia-based American Vanadium will immediately start sales
using commercially available vanadium electrolyte, the goal is
to integrate its own electrolyte supply from its Gibellini Mine
in Nevada, which is currently in the permitting phase.
The company will market
Gildemeisters technology for use in wind and solar
generators, emergency and remote power applications, grid
reliability, and efficiency optimization for commercial,
industrial and military applications, American Vanadium
president and chief executive officer Bill Radvak said in a
statement May 22.
The two companies signed a
memorandum of understanding in February to explore partnership
opportunities for energy storage in the North American market
amm.com, Feb. 19).
"With Gildemeister as the world
leader in commercial production of vanadium redox flow
batteries, and American Vanadium having the only commercially
viable source of high-quality vanadium in North America, there
are tremendous advantages to the development of the North
American market for our CellCube energy storage system," Lars
Mollenhoff, managing director of Gildemeister subsidiary
Cellstrom GmbH, said in a statement.