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American Vanadium Announces First Cellcube (tm) Vanadium Flow Battery Installation In New York

(via Thenewswire.ca) NYSERDA Partners for Commercial Demonstration of Energy Storage ...

articleMonitor Ventures IncApril 23, 20143/company/monitor-ventures-inc/news/american-vanadium-announces-first-cellcube-tm-vanadium-flow-battery-installation-in-new-york
American Vanadium Announces First Cellcube (tm) Vanadium Flow Battery Installation In New York

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[{"type":"text","content":"American Vanadium Announces First Cellcube (tm) Vanadium Flow Battery Installation In New York(via Thenewswire.ca)\n \n \nNYSERDA Partners for Commercial Demonstration of Energy Storage\n\n\n \n at MTA Headquarters at 2 Broadway in Downtown Manhattan\n\n \n \nAMERICAN VANADIUM CORP. (\"American Vanadium\" or the \"Company\") (TSX.V: AVC) (OTCQX: AVCVF) announces it will partner with the New York State Research and Development Authority (NYSERDA) to demonstrate the CellCube(TM) vanadium redox flow energy storage system. The Metropolitan Transportation Authority (MTA) and the New York City Transit (NYCT) Office of Strategic Innovation and Technology will host this demonstration at the MTA's Energy Star Certified facility at 2 Broadway in downtown Manhattan. ConEdison and the Advanced Research Technology Center (AERTC) at Stony Brook will also support this effort.\n\n\n \nThis demonstration is intended to augment existing successful facility energy management measures at the MTA's 1.6 million square foot office building. The CellCube(TM) batteries will complement an automated demand response system developed for the building by Lawrence Berkley National Laboratory and previously funded by NYSERDA. The project will demonstrate how vanadium flow battery technology, capable of multi-hour and multi-megawatt energy storage, can enable NYC commercial buildings to be \"smarter\" about how and when they use energy, and provide resiliency in times of need. \n\n\n \n\"New York is clearly creating a leading energy storage marketplace and the knowledge gained from this demonstration will help realize gains in building and grid energy efficiency, save money for electric ratepayers and, importantly, add a new weapon to the arsenal of resiliency tools in the event of future grid outages,\" said Bill Radvak, President & CEO of American Vanadium Corp. \"As we continue the development of the only vanadium mine in the United States to provide the critical source of vanadium electrolyte for these advanced battery systems, we are honored to be working on this groundbreaking energy storage installation with the MTA, one of the largest energy consumers in the United States.\" \n\n\n \nThe CellCube(TM) is a fully commercial energy storage system that has been sold and installed across Europe, Asia and Africa, with more than 60 systems currently in ope...

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