Australian Vanadium Limited (AU:AVL) has released an update.
Confident Investing Starts Here:
- Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Australian Vanadium Limited (AVL) has announced the successful factory acceptance testing of a vanadium flow battery featuring AVL-produced vanadium electrolyte, marking a milestone in operational energy storage solutions. The battery, intended for Horizon Power’s pilot in Kununurra, Western Australia, meets Invinity Energy Systems’ high standards, signifying AVL’s progress in its vertical integration strategy. This development highlights the potential for long duration energy storage to support renewable energy grids in Western Australia’s vast regional areas.
For further insights into AU:AVL stock, check out TipRanks’ Stock Analysis page.