American Vanadium announces first Cellcube vanadium flow battery installation in America

February 20, 2014

American Vanadium announced that its CellCube vanadium redox flow energy storage system will be tested by the U.S. Department of Energy's National Renewable Energy Laboratory (NREL) at its state-of-the-art testing facility. After the demonstration of the energy storage system at NREL's facility in Golden, CO, the CellCube is designated for sale to a U.S. utility.

"Given the strong interest received from utilities, solar developers, integrators and other potential customers, this demonstration of the CellCube at the premier independent testing facility of the U.S. Department of Energy (DOE) is a critical step for our company," said Bill Radvak, president and chief executive officer of American Vanadium Corp. "A number of leading utilities, integrators and developers will be participating and observing the operation of the CellCube, and we welcome other interested customers and partners to join us with this important demonstration."

American Vanadium, an integrated energy storage company that is developing the only vanadium mine in the United States, is the master sales agent for the CellCube energy storage system in North America. The CellCube is a fully commercial system that has been sold and installed across Europe, Asia and Africa, with more than 50 systems currently in operation at customer sites worldwide. The CellCube system is modular and can serve loads from 10kW to multi-MWs, and, as a flow battery, the system excels at providing multiple hours of energy for long-duration requirements.

As the DOE’s only national laboratory focused on renewable energy and energy efficiency, NREL is uniquely positioned to help inform and guide energy system transformation. NREL complements its scientific research with high-quality, credible, technology-neutral and objective analysis that spans the entire energy portfolio. They inform policy and investment decisions, as renewable energy and energy efficiency technologies move from concept to commercialization to market penetration. NREL is a government-owned, contractor-operated facility; it is funded through the DOE.

American Vanadium’s Gibellini vanadium project, located in Nevada, is being designed to economically produce vanadium electrolyte for the energy storage industry, as well as vanadium products for the steel and alloying industries. A positive Feasibility Study and updated NI 43-101 Technical Report on the Gibellini Project were completed by AMEC E&C Services, Inc. in 2011.

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