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American Vanadium
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Short description

Developer of Flow Battery systems

Founded in 2006
Founded in

Company type Public Public (AVC.V)
Company type

Industry Group energy & power

Sector energy storage

TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters Vancouver , BC Vancouver , Canada
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Parent Companies

Updated by Daniel Schieber at American Vanadium on 08/26/2013

Edited by Cleantech Group on 11/25/2019

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Date Company
10/03/2014

Newfound Energies Newfound Energies

Newfound Energies has signed a purchase order for two 30KW-130KWh CellCube vanadium flow energy storage systems for integration into a remote microgrid fuel and logistics center.

Confirmed by Newfound Energies

Partnerships
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Date Partner Type
11/12/2014
Viridity Energy Viridity Energy
The two companies will explore the deployment of CellCube vanadium flow storage systems for Viridity customers.
View source    
Confirmed by Viridity Energy
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Investment Rounds
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IPO INFORMATION

Date

IPO status

IPO Type

Amount

Initial shares

Ticker symbol

AVC.V

Exchange listed

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Prospectus

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Source

Description

Date Investors Type Amount
10/14/2014 (0)
Post-money valuation of
American Vanadium announces a non-brokered private placement of up to $2 million at the price of CDN$0.40 per unit.
PIPE $2,000,000
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Products
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Product image Name Product status Revenue model Cost metrics

Cell Cube - Vanadium Flow Battery

The CellCube is perfect for integrating renewable energy where multi megawatt storage for two to ten hours is required.

Wide Commercial Availability Products - Retail
$/kW (current)
$/kW (projected)
$/kWh (current)
$/kWh (projected)
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