VanadiumCorp Resource Inc (TSX-V:VRB) is expanding its presence in Europe with an office in Frankfurt. The company aims to supply its vanadium electrolyte to the European market.
VanadiumCorp is conducting a scoping study to assess the feasibility of constructing an electrolyte plant in Germany, with a potential annual output of 4 million liters. This could contribute 76 MWh of energy storage annually using VFB technology, supporting the region's energy transition.
The company is actively seeking partnerships in the EU and is conducting a Life Cycle Cost analysis for sustainability.