Newfound Energies Will Install 2 Remote American Vanadium CellCubes
Newfound Energies, specialists in design and installation of wind and solar energy systems for off-grid power—as well as grid utility locations—in Newfoundland and Labrador, has just committed for two 30kW–130kWh CellCube vanadium flow energy storage systems to be integrated into a remote microgrid fuel and logistics center. The deal is still subject to financing availability.
American Vanadium, an integrated energy storage company, will provide the technology. Bill Radvak, President & CEO of American Vanadium, says:
This marks an important milestone on our path to commercialization for the CellCube product line here in North America, which is recognized as the fastest growing segment of the global market for energy storage. We are uniquely positioned with the CellCube system and, based on our sales pipeline and the ongoing developments in our markets, we are confident this is the start of a sales program which will grow at an impressive pace.
We believe the CellCube energy storage system is the world’s only large-format, commercially viable vanadium flow energy storage system. With over 100 systems installed globally and with close to five years of operating track record, it is both the first mover and the market leader.
The order from Newfound Energies will enable the provider to switch its primary source of energy from diesel to renewables. This will significantly reduce diesel consumption and related costs and serve as an economic model for such applications. As reported earlier on CleanTechnica, American Vanadium has cornered the market for these specialty batteries. The company recently installed a CellCube at the US Department of Energy’s National Renewable Energy Laboratory in Colorado. It also plans a rooftop installation with the Metropolitan Transportation Authority in downtown Manhattan.
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