Hebei Construction Investment Signed A Contract With Chengde Vanadium Titanium New Materials To Promote Gigawatt Vanadium Flow Battery
Recently, HEBEI AVIC Saihan Green Energy Technology Development Co., Ltd. signed a cooperation framework agreement with Chengde Vanadium Titanium New Materials Co., Ltd. The two sides will carry out comprehensive and in-depth cooperation in the fields of vanadium battery energy storage equipment and vanadium electrolyte supply, recovery and regeneration, jointly develop Chengde and domestic vanadium resources and energy storage market, and promote the smooth implementation of Chengde gigawatt level all vanadium liquid flow battery intelligent production line project and 100MW level energy storage project.
Energy storage technology is an important component of building a new power system. All vanadium flow battery has become one of the preferred technologies in the field of long-term energy storage due to its distinctive characteristics such as high security, ultra long life, power capacity decoupling, etc. Chengde is one of the largest suppliers of vanadium resources in the north of China, and has rich “scenery” resources. All aspects of the vanadium flow battery energy storage technology industry chain are becoming increasingly perfect. Chengde Vanadium and Titanium is a first-class subsidiary of HBIS Group. The industrialization technology of comprehensive utilization of vanadium and titanium resources is at the leading level in the world, with an annual output of 25,000 tons of vanadium pentoxide. The output of vanadium products ranks among the top three in the world, and it is the industrial base of vanadium and titanium new materials in northern China. The signing of this agreement by both parties will accelerate the development of new energy storage and help achieve the goal of carbon peaking and carbon neutralization.
The two sides will give full play to their respective advantages and take the market as the guide to carry out all-round cooperation in vanadium battery energy storage system product development, sales, vanadium battery energy storage electrolyte production, sales, recycling (processing vanadium products), financial leasing and other aspects, vigorously promote vanadium battery energy storage business, and achieve win-win cooperation.
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