1 GWh (Gigawatt hour) = 1,000 MWh (Megawatt hours)
Note: Our first contract with Enel = 6.1 MWh battery
Paulo Misk, Feb 3 2022: “Lastly, it is our belief that LPV presents an opportunity for Largo to expand beyond its proposed production capacity in Wilmington of 1.4GWh per year through the expected acquisition of additional vanadium units by LPV in the open market for potential use in VCHARGE batteries. The strength of our global vanadium brand will be instrumental as we look to finalize the required work needed to form LPV and develop its objective during what we believe is the start of a bull market for vanadium.”