VRB Energy announces US$24 million investment from BCPG
2021-07-05 09:15:53 [Print]
Canada's VRB Energy announced an investment of US$24 million by BCPG to accelerate growth of VRB Energy's global energy storage business.
The investment by BCPG PLC, a Thailand-based developer and owner of renewable energy projects in the Asia-Pacific region, with 900 megawatts (MW) in operation and a pipeline of over 2,200MW, across Southeast Asia, Japan and Australia, will support rollout of VRB Energy's Gen3 VRB-ESS product, expanded manufacturing capacity, and vertical integration of vanadium processing to meet growing global demand.
VRB Energy is a global leader in vanadium redox battery technology driven to empower a clean energy future for the world.
The investment by BCPG PLC, a Thailand-based developer and owner of renewable energy projects in the Asia-Pacific region, with 900 megawatts (MW) in operation and a pipeline of over 2,200MW, across Southeast Asia, Japan and Australia, will support rollout of VRB Energy's Gen3 VRB-ESS product, expanded manufacturing capacity, and vertical integration of vanadium processing to meet growing global demand.
VRB Energy is a global leader in vanadium redox battery technology driven to empower a clean energy future for the world.
Vanadium Pentoxide Flake 92%min In port China
Unit:RMB/mt
China vanadium pentoxide flake producers' operating rate statistics by province by month
Unit: %
