VRB ENERGY

Company Overview

VRB Energy is a Canadian-based provider of energy storage products. Its majority is owned by Ivanhoe Electric, a U.S.-based mining and exploration company that also invests in technologies based on metals and minerals to facilitate a global transition to renewable energy. It is extremely focused on the development and manufacturing of vanadium redox flow batteries, which are ideal storage solutions for smarter power grids and the integration of renewable energy. VRB Energy is also planning to meet the demand for long-duration and large-scale storage systems. It had achieved a milestone of installing more than 30MWh of units globally. It provides its product offerings to utilities, commercial and industrial customers, as well as microgrid applications.

VRB Energy has an investor base with a track record of raising over $25 billion through a diverse range of financing vehicles on global capital markets since 1993. It is a global corporation with manufacturing and engineering subsidiaries in China. It is actively engaged in multiple key renewable energy markets worldwide, such as North America, Australia, India, South Africa, and Brazil.

Company's Business Segments

• Energy Storage : The company develops and manufactures vanadium redox batteries, which are ideal storage solutions for the grid, incorporating smart power grids and massive amounts of renewable energy.