Issue link: http://resourceworld.uberflip.com/i/318453
j u n e / j u l y 2 0 1 4 www.resourceworld.com 59 Developments in Alternative Energy by Jane Bratun the MTA's 1.6 million square foot office building. The CellCube batteries will complement an automated demand response system developed for the building by the Lawrence Berkley National Laboratory and previously funded by NYSERDA. The project will demonstrate how vanadium flow bat- tery 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. "New York is clearly creating a leading energy storage mar- ketplace 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 and 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." The CellCube™ is a fully commercial energy storage system that has been sold and installed across Europe, Asia and Africa, with more than 60 systems in operation at customer sites world- wide. The CellCube system is modular and can serve loads from 10 kilowatts to multi-megawatts and, as a flow battery, the system excels at providing multiple hours of energy for long-duration requirements. Dr. William Acker, Executive Director of the New York Battery and Energy Storage Technology consortium (NY-BEST), said, "New York State is 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 energy storage can play in helping consum- ers save money, reduce peak load demands and provide the grid serving New York with stored energy during times of shortage or disruption." American Vanadium is the Master Sales Agent in North America for the CellCube systems which are manufactured by Gildemeister Energy Solutions. Additionally, American Vanadium together with Gildemeister plan to establish CellCube sales and manufacturing capabilities in New York State. n OTC Pink: EDXC endexx.com m3hub.com | gsgsolar.com 480.999.0097 "Seed to Sale" Asset Inventory Tracking Compliance, Security and Traceability Marihuana Dispensing Solutions Renewable Energy and Energy Management Systems for the Marihuana Industry Medical Marihuana Management An installation of American Vanadium's CellCube™ vanadium reduction oxidation (redox) flow energy storage system. Source: American Vanadium Corp.