A new venture to increase the use of renewable energy in Australia

Richmond Vanadium Technology Pty Ltd. (Australia: RVT) has released an update.

Richmond Vanadium Technology Ltd. has partnered with Dalian Rongke Power Group and Trinasolar to advance Australia’s vanadium battery industry and local renewable energy supply chain. The collaboration focuses on the Richmond – Julia Creek Vanadium project, which aims to deliver innovative energy storage solutions and a manufacturing facility in Queensland. The initiative aims to demonstrate the benefits of vanadium redox flow batteries in energy storage and support Australia’s energy transition while reducing energy costs for consumers.

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