Shanghai Electric Energy Storage to Supply VRFB Products for Local Renewable Projects in Europe

Under the agreement with local partner in Spain, which is the sixth sub-contract that Shanghai Electric signed with the Spain-based energy storage solution provider, Shanghai Electric Energy Storage will supply bespoke VRFB products for the local renewable projects.

The cooperation of the pair showcases the market adaptability of Shanghai Electric's flow battery solutions as well as its ability to deliver products tail-made to help European countries accelerate toward energy transition.

Meanwhile, Shanghai Electric and local partners are also in discussion on the design of multiple system projects, which encompass the supply of standard containerized systems and products.

The two companies are also planning to cooperate on the construction of MW-scale projects.

Energy storage technology is one of the foundations for the renewable energy revolution, playing a key role in facilitating the world's achievement of low-carbon targets. Shanghai Electric, with its long-term track record in new energy technology development, is a pioneer that pushes the boundary of battery solutions, spearheading innovation for VRFB products to boost the reliability, sustainability, and affordability of renewable power sources.

It is designed as a high-power, long-duration energy storage system for wind energy and solar PV projects, with its expandable structure helping save 50% of land usage.

The module is easily transportable, quick to install and deploy, and suitable for locations with a temperature range of -30 to 60 degrees Celsius and harsh environmental conditions.

Equipped with state-of-the-art battery management technology powered by digital twin visualization and operation technology, the system's operational status is accurately monitored and optimized by intelligent algorithms that maximize battery protection, achieving smart O&M and ensuring the long-term reliability of the product.

Shanghai Electric's ground-breaking innovation in VRFB has allowed the group to clinch the China Energy Storage Industry Technology Innovation Brand Award and the China Energy Storage Battery Brand Award in 2023.

The dual recognition highlights the group's technological leadership in energy storage and its ability to develop cutting-edge VRFB products that address the future needs of the new energy sector.