AMG builds lithium-vanadium battery for industrial power management
Aug. 24 (Renewables Now) — Amsterdam-based specialty materials producer AMG Advanced Metallurgical Group NV (AMS:AMG) announced on Monday that it will begin construction of its first lithium vanadium battery and has acquired a German solutions expert software for secure battery management technology.
AMG is developing its “hybrid” lithium-vanadium redox flow (LIVA) battery for industrial energy management applications, promoting it as a CO2-free alternative to standby diesel generators traditionally used in energy-intensive manufacturing.
The lithium portion of its battery design allows for rapid discharge, including black start capabilities. The lithium battery is then recharged by the vanadium battery, which is charged by the grid, AMG explained.
The company said it acquired Heidelberg-based Phyr7 GmbH, which specializes in developing artificial intelligence-based power management solutions to manage the LIVA battery.
Phyr7 will be renamed LIVA Power Management Systems GmbH and will start a new life in Frankfurt with an initial capitalization of 5 million euros ($5.88 million), AMG said.
Phyr7 founder Volker Koelln will assume the role of CEO of LIVA Power Management Systems.
The first LIVA battery system will be installed at one of AMG’s manufacturing plants in Germany. AMG Engineering will build the integrated system, AMG Titanium & Coatings will supply the vanadium electrolyte, while AMG Lithium will design the lithium portion of the battery.
The company expects the LIVA system to go live in the first quarter of 2022.
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