Received by email:
File: 2018-02-28 Schmid Delivers VRFBs to China.doc
Global Partner SCHMID Energy Systems GmbH Delivers
First EverFlowtrademark Vanadium Redox Flow Batteries to China
VANADIUMCORP RESOURCE INC. February 28, 2018, VanadiumCorp Resource Inc. (TSX-V: "VRB") is pleased to announce that th
--->e First EverFlowtrademark Energy Storage Systems have successfully been delivered to China by global partner SCHMID En
--->ergy Systems GmbH.
From Schmid Group's News Release:
SCHMID delivered EverFlowtrademark Energy Storage Systems to one of China's leading
PV manufacturer
Visit SCHMID from March 13th to 15th at Energy Storage (8B-B24) in Dusseldorf
or in June during Intersolar Europe (A2-160) in Munich
February, 28th 2018 - Freudenstadt, Germany. SCHMID has successfully installed and commissioned three EverFlowtrademar
--->k energy storage systems in China. The order was received from one of the world's leading producers for high-efficienc
--->y solar cells. The batteries are charged by a photovoltaic system and are controlled by a company wide energy manageme
--->nt system. The customer uses the EverFlowtrademark batteries as a dependable back-up system which is part of the compa
--->ny's power supply concept. After a successful test phase, the customer will use SCHMID energy storage solutions in com
--->bination with their own large-scale PV projects.
"It was our goal to use our self-produced solar energy more efficiently and to maximize its use. Wedeliberately decide
--->d to go with SCHMID's Vanadium Redox Flow Technology because it is much safer than alternative battery technologies an
--->d it has a much longer lifetime", said the CTO. It was SCHMIDs first delivery of storage systems to the Chinese market
--->.
"Due to increasing environmental awareness and continuous strong economic growth in China, the demand for sustainable
--->and renewable energy is quickly increasing. The large amounts of PV and wind power plants producing renewable energy r
--->equire energy storage systems in order to ensure a stable grid. Due to this development, the Chinese market is very im
--->portant to us," says Dr. Henrik Buschmann, Vice President BU Energy Systems at SCHMID.
The EverFlowtrademark energy storage system by SCHMID is tailored for small to large-scale businesses, offgrid applica
--->tions or as a backup. The battery has a compact design and unique advantages with respect to safety and environmental
--->requirements. The electrolyte is water based and therefore nonflammable and non-explosive. Furthermore the EverFlowtra
--->demark batteries have a very long cycle life and are therefore not only significantly more cost-efficient but also ver
--->y environmentally friendly.
About SCHMID Energy Systems
SCHMID`s Business Unit Energy Systems develops and produces stationary energy storage solutions based on the powerful
--->Vanadium Redox Flow Technology. The EverFlowtrademark product family ranges from the small Compact Storage battery sol
--->utions for private homes or base transceiver stations (DC coupled) up to Storage Container solutions for industry and
--->commerce as well as Large Scale Storages for utilities, wind or PV parks.
EverFlowtrademark Compact Storage
Visit SCHMID at Energy Storage and Intersolar Europe 2018
In the first half of 2018 SCHMID will join the two leading exhibitions for renewable energies in Germany. Learn more a
--->bout the SCHMID EverFlowtrademark product family and visit us from March 13th to 15th 2018 at Energy Storage in Dussel
--->dorf (Booth 8B-B24) or from June, 20th to 22nd at Intersolar Europe in Munich (Booth A2-160). We are looking forward t
--->o meeting you at our booth!
SCHMID Group | Gebr. SCHMID GmbH
Mrs. Sarah Kreidler
Robert-Bosch-Str. 32-36
72250 Freudenstadt | Deutschland
press@schmid-group.com
About VanadiumCorp
The energy of tomorrow will be radically different than the past. Innovation will prove essential to meeting the world
--->'s growing energy needs sustainably. Vanadium electrolyte is the key to sustainable energy storage and the wide-spread
---> deployment of renewable energy. VanadiumCorp-Electrochem Process Technology is the world's first environmentally sust
--->ainable, high yield, high efficiency process for recovering vanadium from virtually any vanadium bearing source includ
--->ing waste - the key to energy storage, renewables, and a sustainable energy future.
VanadiumCorp and Electrochem are changing the way the vanadium, titanium, iron is made to support a sustainable energy
---> future. VanadiumCorp also owns 100% of a significant vanadium-titanium-iron resource base in Quebec, Canada.
FOR MORE INFORMATION, CONTACT:
Adriaan Bakker, President and Chief Executive Officer - Direct: 604-385-4485
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the
--->TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
File: 2018-02-28 Schmid Delivers VRFBs to China.pdf
TSX-V: "VRB"
Global Partner SCHMID Energy Systems GmbH Delivers
First EverFlowtrademark Vanadium Redox Flow Batteries to China
VANADIUMCORP RESOURCE INC. February 28, 2018, VanadiumCorp Resource Inc. (TSX-V:
"VRB") is pleased to announce that the First EverFlowtrademark Energy Storage Systems have
successfully been delivered to China by global partner SCHMID Energy Systems GmbH.
From Schmid Group's News Release:
SCHMID delivered EverFlowtrademark Energy Storage Systems to one of China's leading
PV manufacturer
Visit SCHMID from March 13th to 15th at Energy Storage (8B-B24) in Dusseldorf
or in June during Intersolar Europe (A2-160) in Munich
February, 28th 2018 - Freudenstadt, Germany. SCHMID has successfully installed and
commissioned three EverFlowtrademark energy storage systems in China. The order was received
from one of the world's leading producers for high-efficiency solar cells. The batteries are
charged by a photovoltaic system and are controlled by a company wide energy management
system. The customer uses the EverFlowtrademark batteries as a dependable back-up system which is
part of the company's power supply concept. After a successful test phase, the customer will
use SCHMID energy storage solutions in combination with their own large-scale PV projects.
"It was our goal to use our self-produced solar energy more efficiently and to maximize its
use. Wedeliberately decided to go with SCHMID's Vanadium Redox Flow Technology because
it is much safer than alternative battery technologies and it has a much longer lifetime", said
the CTO. It was SCHMIDs first delivery of storage systems to the Chinese market.
"Due to increasing environmental awareness and continuous strong economic growth in
China, the demand for sustainable and renewable energy is quickly increasing. The large
amounts of PV and wind power plants producing renewable energy require energy storage
systems in order to ensure a stable grid. Due to this development, the Chinese market is very
important to us," says Dr. Henrik Buschmann, Vice President BU Energy Systems at SCHMID.
The EverFlowtrademark energy storage system by SCHMID is tailored for small to large-scale
businesses, offgrid applications or as a backup. The battery has a compact design and unique
advantages with respect to safety and environmental requirements. The electrolyte is water
based and therefore nonflammable and non-explosive. Furthermore the EverFlowtrademark batteries
have a very long cycle life and are therefore not only significantly more cost-efficient but also
very environmentally friendly.
About SCHMID Energy Systems
SCHMID`s Business Unit Energy Systems develops and produces stationary energy storage
solutions based on the powerful Vanadium Redox Flow Technology. The EverFlowtrademark product
family ranges from the small Compact Storage battery solutions for private homes or base
transceiver stations (DC coupled) up to Storage Container solutions for industry and
commerce as well as Large Scale Storages for utilities, wind or PV parks.
EverFlowtrademark Compact Storage EverFlowtrademark Container Storage
Visit SCHMID at Energy Storage and Intersolar Europe 2018
In the first half of 2018 SCHMID will join the two leading exhibitions for renewable energies in
Germany. Learn more about the SCHMID EverFlowtrademark product family and visit us from March
13th to 15th 2018 at Energy Storage in Dusseldorf (Booth 8B-B24) or from June, 20th to 22nd
at Intersolar Europe in Munich (Booth A2-160). We are looking forward to meeting you at our
booth!
SCHMID Group | Gebr. SCHMID GmbH
Mrs. Sarah Kreidler
Robert-Bosch-Str. 32-36
72250 Freudenstadt | Deutschland
press@schmid-group.com
About VanadiumCorp
The energy of tomorrow will be radically different than the past. Innovation will prove
essential to meeting the world's growing energy needs sustainably. Vanadium electrolyte is
the key to sustainable energy storage and the wide-spread deployment of renewable energy.
VanadiumCorp-Electrochem Process Technology is the world's first environmentally
sustainable, high yield, high efficiency process for recovering vanadium from virtually any
vanadium bearing source including waste the key to energy storage, renewables, and a
sustainable energy future.
VanadiumCorp and Electrochem are changing the way the vanadium, titanium, iron is made to
support a sustainable energy future. VanadiumCorp also owns 100% of a significant
vanadium-titanium-iron resource base in Quebec, Canada.
FOR MORE INFORMATION, CONTACT:
Adriaan Bakker, President and Chief Executive Officer - Direct: 604-385-4485
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the
--->TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
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