RE:RE:RE:Largos Future brightens ?Largo Clean Energy will utilize the patented flow battery stack technology and proprietary vanadium electrolyte processing technology it now has at its disposal to further develop and deploy its VCHARGE± battery systems with a view of providing safe and continuous energy storage over a 20+ year life cycle with nominal degradation.
- The VCHARGE± battery system can be comprised of 4, 6, 8, 10 and 20 megawatt-hour ("MWh") high-quality, modular energy storage options;
- Stack Power Density Unmatched: The VCHARGE± battery system is based on a proprietary vanadium electrolyte processing system combined with patented flow battery stack technology, allowing for 3 times higher power density than most other competitors;
- Cost-Competitiveness Advantage: The VCHARGE± battery system can deliver unrivaled Levelized Cost of Storage at discharge durations greater than 4 hours due to low capital and operating costs, and from a product life of over 20+ years with almost no performance degradation;
- One of the Safest Battery Solutions: The VCHARGE± battery system technology has been proven safe for use in urban applications in proximity to adjacent structures and densely populated areas due to its inherent non-flammability;
- Sustainability: Electrolyte contained within a VRFB has a 100% depth of discharge without any damage to the battery system. There is also the ability to re-use vanadium electrolyte at the end of the battery's life which results in a more sustainable battery option as compared with competitors.
- Disruptive and Exclusive Battery IP: Largo Clean Energy has acquired the battery technology developed by VionX Energy which provides a competitive advantage;
- Proven Durability: The VCHARGE± product durability has been proven and validation of commercial design has been completed;
- Long-life: The VCHARGE± battery system will employ a modular architecture based on 1 megawatt ("MW") power and 2 MWh energy building blocks that have been engineered to meet grid reliability standards and have undergone significant durability testing demonstrating up to 40 years of stack life.