Mr. Adriaan Bakker reports
VANADIUMCORP FORMS SUBSIDIARY AND ACQUIRES FACILITY FOR VRFB PRODUCTION IN GERMANY
Vanadiumcorp Resource Inc. has formed a wholly owned subsidiary focused on next-generation vanadium redox flow battery (VRFB) development in Germany, named Vanadiumcorp GmbH.
Vanadiumcorp GmbH introduces XRG as next-generation energy storage technology powered by its own supply chain. Components are both manufactured sustainably and are 100 per cent reusable and recyclable. With the lowest cost and carbon footprint, XRG intends to revolutionize energy projects, renewable energy and entire power grids. The facility for planned production is now acquired in Rastatt close to Karlsruhe, Germany, and construction will commence this month. Partnerships locally will provide further product evolution. XRG is a Vanadiumcorp GmbH technology.
About Vanadiumcorp Resource Inc.
Vanadiumcorp is developing dedicated vanadium supply and disruptive technologies for energy storage.
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