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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

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Post by kha341on Apr 27, 2023 11:16am
94 Views
Post# 35417029

VRFB News: UK

VRFB News: UK

https://www.thechemicalengineer.com/news/uk-battery-projects-awarded-30m-in-government-funding/


UK battery projects awarded £30m in government funding 


Excerpt

New take on old tech

Invinity Energy will receive £11m to develop and manufacture their 7MW, 30MWh 4-hour vanadium flow battery (VFB), “the largest grid-scale battery ever manufactured in the UK”, the firm claims.  

Along with being a proven, decades-old storage technology, flow batteries exhibit far greater capacity retention and less performance degradation over time than lithium-ion batteries. They are also safer than lithium-ion batteries as they cannot catch fire, more durable as they do not degrade with use, and more than 97% recyclable at the end of their 25+ year life, Invinity said. 

Dubbed VFB LEAD (Vanadium Flow Battery Longer Duration Energy Asset Demonstrator), the project will see a 30 MWh Invinity VFB system deployed at a key node on the National Grid, the location of which has yet to be confirmed. The battery, which will be capable of delivering more than 7 MW of power on demand, will use the fast-response and high-throughput characteristics of Invinity’s battery technology to provide a broad range of services to the grid.  

“With a capacity equivalent to the daily energy use of more than 3,500 homes, this battery will be the largest ever to be manufactured in the UK. Approximately six times larger than Invinity’s battery system at theEnergy Superhub Oxford, it will also be one of the world’s largest flow batteries. Furthermore, with the ability to deliver full power for a discharge duration of over 4 hours, it is expected to be the largest long duration battery asset connected to the UK grid,” Invinity said. 



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