Solar sector shines on energy storage

UK: "To successfully compete, every solar developer must have an energy storage option in their sales tool-kit," says Bill Radvak, CEO, American Vanadium who will be in San Francisco on July 8th to 10th for the Intersolar conference, www.intersolar.us (Booth #8021) and is available to discuss the expanding role of energy storage globally.

As reported by Bloomberg BusinessWeek, "American Vanadium (AVC) Corp., owner of the only known US deposit of the metal, is in talks with a global power company and two large domestic solar developers on plans to use its battery technology in major contracts they're seeking."

American Vanadium was founded in 2006 to develop the Gibellini Project, a vanadium deposit located in Nevada. "We have a number of important milestones we expect to deliver in the coming months - most related to our transition to a sales organization," says Bill Radvak, CEO. "Our job is to sell energy storage and microgrid solutions to parts of the world where energy is most valuable whether the need is for military installations or to fuel water treatment facilities in third world countries."

American Vanadium sells vanadium-flow batteries under a long-term partnership with DMG Mori Seiki (GIL) AG's Gildemeister unit. The company's CellCube batteries store 100 kilowatts to 10 megawatts of energy from 4 to 12 hours. Unlike lead-acid or lithium-ion units, they can be recharged and discharged indefinitely, lasting as long as 20 years, according to Radvak.