Framework also includes ‘Gigafactory’ manufacturing facility and vanadium flow battery R&D institute
/EIN News/ BEIJING and VANCOUVER, British Columbia, March 15, 2021 (GLOBE NEWSWIRE) VRB Energy Chairman Robert Friedland and Chief Executive Officer Dr. Mianyan Huang are
pleased to announce a framework agreement for a 100 megawatt (MW) solar photovoltaic (PV) and 100MW / 500MWh vanadium flow battery integrated power station project in Xiangyang, Hubei Province.
The agreement also includes construction of the first 50MW per annum of a new 1,000MW per annum VRB-ESS
® “Gigafactory” manufacturing facility, and a vanadium flow battery intelligent energy research and development (R&D) institute.
The agreement was signed by the Xiangyang Municipal Government, Hubei Pingfan New Energy, the Xiangyang High-tech State-owned Capital Investment and Operation Group, and VRB Energy at a ceremony on March 4th. The initial 40MW / 200MWh VRB-ESS