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Minister of State and Ministry of Commerce and Business Low Yen Ling spoke to VFlowTech CEO Dr Avishek Kumar at 2023 Singapore Worldwide Power Week (SIEW)
Singapore-based VFlowTech not too long ago introduced that its vanadium move battery, PowerCube 100-500, will probably be a part of Pulau Ubin Island’s principal sources of dependable and reasonably priced power. With the objective to assist Singapore obtain a clean-energy future, these batteries are launched with the objective to offer a “longer-lasting, 100 per cent recyclable, non-flammable” different with nice versaitility.
“Our long-term imaginative and prescient for the Pulau Ubin venture is to function a pioneering mannequin for the effectiveness of long-duration power storage techniques, particularly highlighting the prowess of vanadium redox move batteries in off-grid settings. The success of this venture is meant to function proof of viability for comparable deployment alternatives in Southeast Asia and Singapore, positioning us as a key enabler for the broader power transition,” writes Dr Avishek Kumar, Co-founder and CEO of VFlowTech, in an e mail to e27.
“Wanting forward, our aspiration is to scale up this expertise considerably, supporting Singapore’s power import ambitions and rising as a pivotal power driving the transition to cleaner power sources. Within the context of the deliberate 4GW power import, we estimate the necessity for 60-70kW of power storage, representing a scale-up of Pulau Ubin by a powerful 20,000 occasions.”
By means of this venture in Pulau Ubin, VFlowTech goals to encourage different areas and communities, together with the mainland of Singapore, to think about these sustainable power storage options and cut back the reliance on diesel turbines.
“The widespread deployment of our batteries contributes to a considerable discount in the price of electrical energy and power over time,” Dr Kumar explains.
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“As we scale our battery manufacturing, economies of scale come into play, resulting in a big lower in the price of power storage. This price discount is a pivotal facet of VFlowTech’s dedication to fostering power fairness and making clear power reasonably priced for all. Our objective is to convey down the price of clear power to lower than US$0.09 per unit, guaranteeing that the advantages of power transition are accessible and sustainable on a broader scale.”
The venture started when EDP Renewables seemed for an power storage resolution at Pulau Ubin. VFlowTech being the producer of Vanadium Redox Circulate Batteries (VRFBs) mentioned the potential of its expertise. Dr Kumar additionally says that the corporate was chosen resulting from its shut proximity to Singapore and being the one firm that manufactures vanadium redox move batteries regionally.
“Not like our earlier smaller-scale initiatives, this off-grid deployment offered advanced challenges that compelled us to boost our capabilities. We recognised the necessity to increase our staff’s ability set, from {hardware} manufacturing to software-related administration expertise that are essential for efficient battery integration on the website,” Dr Kumar says.
Shifting ahead with renewable power
Subsequent yr, VFlowTech wish to concentrate on scaling its manufacturing and operations. It plans to scale its 100MWh manufacturing facility in India that will probably be operational by 2024 and be prepared for GWh deployment by 2027. In accordance with Dr Kumar, this facility will improve operational effectivity, enabling elevated manufacturing of PowerCubes 10-30 and PowerCubes 50-250 to fulfill a broad spectrum of power storage wants.
“The introduction of our PowerCube 50-250 to the market addresses the growing demand for modular, scalable, and environment friendly long-duration power storage. Particularly designed to facilitate seamless deployment scaling, from MWh to GWh, it performs a pivotal position in powering numerous areas of Singapore because the nation embraces a cleaner power panorama,” he mentioned.
“Our bold objective is to deploy a complete of 7MWh of power storage options globally, with plans to put in 120 models in numerous places, together with Singapore, India, Korea, Japan, and Australia. Moreover, we aspire to contribute to the Inexperienced Hall venture, advancing the regional power transition.”
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In its effort to advance the adoption of unpolluted power, VFlowTech has a multifaceted strategy.
Dr Kumar believes that the implementation of initiatives equivalent to in Pulau Ubin will encourage subsequent technology of skills within the local weather tech sectors. That is why VFlowTech additionally supplies on-the-job coaching, substantial investments in analysis and improvement, efficient communication methods, and fostering collaboration amongst all stakeholders.
“Furthermore, we actively interact in numerous initiatives designed to showcase the efficacy of long-duration power storage techniques. These initiatives take into account each the constraints, equivalent to restricted land area, and the alternatives to repurpose current sources. By doing so, we attempt to show the viability and flexibility of our power options and foster a transition to cleaner, extra sustainable power sources,” he explains.
“Moreover, we aspire to be recognised as thought leaders, actively fostering discussions concerning the pivotal position of long-duration power storage because the cornerstone of power transitions. We goal to extend the notice of this expertise and educate the general public on its significance within the context of sustainable power. By means of our participation and organisation of in business boards and collaborative initiatives, we goal to steer conversations that drive house the significance of long-duration power storage in reaching a greener, extra sustainable future.”
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Picture Credit score: VFlowTech
This text was first revealed on November 28, 2023
The submit How VFlowTech plans to energy Pulau Ubin in direction of a sustainable future with its batteries appeared first on e27.