VRB ENERGY

Company Overview

VRB Energy is a Canadian-based provider of energy storage products. VRB Energy is majority-owned by Ivanhoe Electric, a U.S.-based mining and exploration company that also invests in metals and minerals-based technologies to achieve a global transition to renewable energy. The company is highly 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. It is also planning to meet the demand for long-duration and large-scale storage systems. VRB Energy had achieved a milestone of installing more than 30MWh of units globally. The company provides its product offerings to utilities, commercial & industrial, and microgrid applications.

VRB Energy has an investor base with a track record of raising more than US$25 billion through a diverse range of financing vehicles on world capital markets since 1993. The company is a global corporation having 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.