Business
American Vanadium Targets Installation Date of the 400 kWh CellCube(TM) Vanadium Flow Energy Storage System at MTA Headquarters in Manhattan
VANCOUVER, BC / ACCESSWIRE / October 20, 2015 / AMERICAN VANADIUM CORP . (TSXV: AVC) (OTC Pin...
About this update from Monitor Ventures Inc
[{"type":"text","content":"American Vanadium Targets Installation Date of the 400 kWh CellCube(TM) Vanadium Flow Energy Storage System at MTA Headquarters in ManhattanVANCOUVER, BC / ACCESSWIRE / October 20, 2015 / AMERICAN VANADIUM CORP. (TSXV: AVC) (OTC Pink: AVCVF) (\"American Vanadium\" or the \"Company\") announces it has targeted late March, 2016 to lift three CellCube(TM) Energy Storage Systems to the 25th floor setback of the Metropolitan Transportation Authority (MTA)'s Energy Star Certified facility at 2 Broadway in downtown Manhattan.\nThe CellCube is now the only battery chemistry other than lead acid to receive a letter of no objection from the New York Fire Department, to date. The NYFD letter is subject compliance with a number of safety requirements, and additionally, the Company's application to NY's Department of Buildings for code compliance remains in process.\nThe CellCube is the world's leading vanadium flow energy storage system with 89 commercial installations having a combined 2,000,000 hours of operation. The modular CellCube system, developed and manufactured by GILDEMEISTER energy storage GmbH of Austria, excels at long-duration energy storage and can serve loads from 10 kilowatts to multi-megawatts.\n\"This ground-breaking energy storage installation at the headquarters of the MTA, one of the largest consumers of electricity in the United States for public mass transit, is intended to demonstrate how commercial buildings can save money by shifting energy and, at the same time, improve resiliency in the event of future grid outages,\" said Bill Radvak, President & CEO of American Vanadium Corp.\nThis demonstration, hosted by the MTA and the New York City Transit (NYCT) Office of Strategic Innovation and Technology, is intended to augment existing successful facility energy management measures at the MTA's 1.6 million square foot office building.\nDr. William Acker, Executive Director of the New York Battery and Energy Storage Technology consortium (NY-BEST), stated, \"Through the Reforming the Energy Vision (REV) initiative, New York State is transforming the electricity industry and actively pursuing commercially ready technologies that will help grow a clean energy economy and improve the reliability, efficiency and overall performance of our electric power delivery system. This project will demonstrate the important role...