Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Advantage Lithium Corp AVLIF

Advantage Lithium Corp is engaged in the acquisition and exploration of lithium properties. It operates in single segment namely the exploration and development of unproven exploration and evaluation assets. The company's principal business objective has been the identification and evaluation of companies, businesses, properties, or assets with a view to acquisition or participation therein. Its projects include Cauchari; Incahuasi; Guyatayoc; Antofalla; and Clayton.


OTCQX:AVLIF - Post by User

Post by goodtoreadthison Feb 22, 2019 5:18am
63 Views
Post# 29398050

China batteries

China batteries

China Making Big Battery Storage Push In 2019

December 27th, 2018 by Steve Hanley



China is poised to add a significant amount of battery storage to its utility grid next year. And it’s backing two horses in the energy storage race — both lithium-ion and flow batteries are part of the plan. China’s renewable energy portfolio now stands at 706 gigawatts according to Bloomberg but too much of that is wasted, or curtailed as they say in the utility industry. 7.7% of the electricity generated by wind turbines is curtailed as is 2.9% of electricity from solar panels.

 

china vanadium flow battery

 

A 250kW / 1MWh flow battery module is given its final inspection by VRB Energy quality assurance staff at the Hubei site. Credit: VRB Energy.

New Lithium-Ion Storage Approved

Chinese regulators have approved a $174 million investment in the northwestern province of Gansu for the installation of a 720 MWh lithium-ion grid storage battery. It will be the first part phase of a new energy storage project in the region. When completed it will be able to store electricity for up to 4 hours, says Bloomberg.

The Gansu Provincial Development & Reform Commission says subsequent expansion of the project will depend on market conditions and the needs of the electrical grid. Once completed, it will be the country’s largest virtual power plant.

Flow Batteries For Central China

VRB Energy, a developer of vanadium flow batteries, says it plans to build a 100MW/500MWh storage system in Hubei province located in central China. It has begun commissioning a 250 kW/1 MW demonstration unit that it plans to expand to a 3 MW/12MWh battery later this year.

Jim Stover, vice president of business development at VRB Energy, tells TechCrunch, “The Chinese government I think in particular is happy to incentivize or call out vanadium like this. They want to push a number of technologies, but there is an awful lot of vanadium resources in China, both from mine sites and from steel slag recovery. They’re trying to seize that as a good and natural fit, they don’t have a lot of lithium. They have a lot of lithium manufacturers but not a lot of lithium itself, or cobalt, or nickel even.”

The China National Development and Reform Commission has issued a call for greater investment in flow batteries and set up programs to develop vast projects comprised of two or more 100MW installations. One such project — a 200MW / 800MWh vanadium energy storage project in Dalian Province — is already under way. Flow batteries potentially have the ability to provide electricity to the grid for longer than the 1 to 4 hours that is common with lithium-ion batteries. They also can support more charge/discharge cycles than lithium-ion batteries leading to longer life and lower total cost. 
 

 




 

 

How much money can a solar roof save you in Massachusetts?

Profit from your roof space: find local deals on solar in your area, eliminate your power bill.

 

Tags: Chinagrid storage in ChinaLithium-ion batteryvanadium flow batteryVRB Energy


About the Author

Steve Hanley Steve writes about the interface between technology and sustainability from his home in Rhode Island and anywhere else the Singularity may lead him. His motto is, "Life is not measured by how many breaths we take but by the number of moments that take our breath away!" You can follow him on Google + and on Twitter.



 

<< Previous
Bullboard Posts
Next >>