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Australian Vanadium subsidiary signs MoU for renewable energy system at remote school

VSUN Energy is applying for a grant to install a vanadium redox flow battery and solar photovoltaic system.

Australian Vanadium Ltd - Australian Vanadium subsidiary signs MoU for renewable energy system at remote school
Renewable energy is proposed to replace outdated diesel generators

Australian Vanadium Ltd’s (ASX:AVL) subsidiary VSUN Energy Pty Ltd has signed an MoU with Nomads Charitable & Education Foundation which could lead to the installation of a vanadium redox flow battery and solar system at an outback WA school.

VSUN is applying for a WA State Government grant on behalf of Nomads to install a renewable energy solution at Strelley Community School in the Pilbara region.

Economic development grant sought

A Regional Economic Development Grant is being sought to assist with the installation of a solar photovoltaic (PV) and vanadium redox flow battery (VRFB) solution for the school.

This would enable the parties to educate the installers, evaluate the system and then make plans for further installations in the region.

Nomads is a group of Aboriginal controlled entities that operate remote community schools and cattle stations in the East Pilbara.

Around 50 Aboriginal people are employed through the group in education support and facilities maintenance.

Strelley Community School, which began operating in 1976, is the oldest continually operational Independent Aboriginal Community School in Australia.

Infrastructure upgrade needed

The smaller of the two campuses at Strelley requires infrastructure upgrades, including power.

Nomads recently installed a new Reverse Osmosis plant for water purification, but the school’s ageing diesel generators are still in need of replacement.

If the grant is successful, the project will provide opportunities for training and STEM teaching at the school.

One of the grant’s key criteria is job creation and skill development, which is part of the project’s remit.

VSUN Energy will provide in-kind assistance to the school through the training and education components.

Focus on vanadium

As a company focused on vanadium, AVL seeks to offer investors unique exposure to all aspects of the vanadium value chain – from resource at The Australian Vanadium Project in WA through to steel and energy storage opportunities.

AVL has developed a local production capacity for high-purity vanadium electrolyte, which forms a key component of vanadium redox flow batteries.

Through 100%-owned subsidiary VSUN Energy, AVL is actively marketing VRFB in Australia.

Quick facts: Australian Vanadium Ltd

Price: 0.0115 AUD

Market: ASX
Market Cap: $29.36 m

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