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Largo Inc T.LGO

Alternate Symbol(s):  LGO

Largo Inc. is a Canada-based producer and supplier of vanadium products. The Company’s segments include sales & trading, mine properties, corporate, exploration and evaluation properties (E&E properties), Largo Clean Energy and Largo Physical Vanadium. Its VPURE and VPURE+ products, which are sourced from one of the vanadium deposits at the Company's Maracas Menchen Mine in Brazil. The Company is also focused on the advancement of renewable energy storage solutions through Largo Clean Energy and its vanadium redox flow battery technology (VRFB). The Company is also engaged in the process of implementing a titanium dioxide pigment plant using feedstock sourced from its existing operations, in addition to advancing its United States-based clean energy division with its VCHARGE vanadium batteries. VPURE+ Flakes are used in the production of master alloys, where it provides high strength-to-weight ratios for the titanium alloy and aerospace industries.


TSX:LGO - Post by User

Bullboard Posts
Post by Clipper2on Aug 03, 2020 7:50am
120 Views
Post# 31356893

Eskom BESS tender

Eskom BESS tender
Thanks to pb940

https://www.energy-storage.news/news/south-africas-eskom-opens-tender-for-80mw-320mwh-battery-storage

Eskom, the state-owned electricity utility of South Africa, has begun tendering for a battery energy storage system (BESS) of minimum size and capacity 80MW / 320MWh.
 
The utility issued a procurement notice at the end of July requesting bids for the Eskom Investment Support Project and Eskom Renewables Support Project. The twin project calls for interested parties to design, engineer, supply, construct, test and commission a battery energy storage system “with a minimum of 80MW / 320MWh usable capacity”.
 
The winning bidder will also be responsible for providing five years of operations and maintenance (O&M) services for the project, to be built at Skaapvlei Substation, in the town of Vredendal in the Republic of South Africa’s Western Cape province.
 
Eskom would like the development process to be complete within nine months for the project, for which the utility has received financing from the World Bank, African Development Bank and New Development Bank. Funds received will be used directly to pay for the BESS’ deployment.
 
Sealed bids are being invited, with Eskom using international competitive procurement processes using Request for Bids - this is in line with World Bank requirements for borrowing funding. The Skaapvlei substation is near the 100MW grid-connected Sere Wind Farm and an initial site meeting is being held at that wind farm on 20 August. The bidding process closes in September.
 
The project looks to be an important step towards Eskom meeting a 1,400MWh energy storage target set out by the utility in a 2018 long-term resource plan to add system reliability as well as integrate renewable energy facilities onto the grid.
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