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Largo Inc LGO


Primary Symbol: T.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.


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Post by kha341on Jul 08, 2024 1:07pm
135 Views
Post# 36123005

LDES procurements for non-lithium tech still in infancy

LDES procurements for non-lithium tech still in infancy

LDES = Long-duration energy storage


https://www.energy-storage.news/arizona-utility-srp-launches-rfp-for-non-lithium-long-duration-energy-storage/


Excerpt

LDES procurements for non-lithium tech still in infancy

While solicitations for LDES resources are so far quite rare, in both the US and the international energy industries, solicitations for prescribed non-lithium sources are rarer still.

Technology-agnostic LDES RFPs have been hosted by a number of Community Choice Aggregator (CCA) energy suppliers in California and while two prominent solicitations were won out by 8-hour duration lithium-ion BESS projects, others have seen vanadium flow battery (VRFB) bids awarded contracts. Australia’s first LDES tender similarly picked out an 8-hour Li-ion project by RWE.       

However, while Li-ion remains broadly competitive for applications requiring up to 8-hour discharge duration, technology options are being sought around the world for technologies that might cost-effectively compete at longer durations, while also offering the chance to decouple from Li-ion supply chains.

During June, New York’s state government launched a competitive solicitation for LDES technologies with US$5 million budgeted towards it, again to develop and demonstrate scalable solutions, and the first-ever vanadium redox flow battery (VRFB) tender in India was launched through state-owned power producer NTPC a couple of weeks ago.



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