Physical Vanadium Corporation Verifies its Unique Leasing Scheme for 48 MWh Flow Battery Electrolytes via Contract with Storion Energy and TerraFlow Energy; Agreement Aids in Business Expansion
In a significant stride towards advancing the adoption of vanadium flow batteries in the United States, Largo Physical Vanadium Corp. (LPV), Storion Energy LLC, and TerraFlow Energy Operating LLC have entered into a strategic supply and lease agreement. This collaboration is set to power a major 48 MWh flow battery project in Bellville, Texas [1][3][5].
The partnership is anchored by a strategic supply agreement and a vanadium electrolyte lease agreement. Storion, which manages LPV’s vanadium holdings and is 50% owned by Largo Clean Energy Corp., has signed a key supply and leasing deal to directly support TerraFlow’s 9.6 MW, 5-hour vanadium flow battery project in Texas [1][3].
The Bellville project, slated to be one of the largest vanadium flow battery deployments in the United States, is expected to commence in early 2027, with the electrolyte deployment [1][5]. Storion will provide high-quality vanadium electrolyte and power assembly stacks to TerraFlow, enabling scalable, long-duration energy storage solutions [3].
LPV's unique business model is noteworthy. Instead of requiring customers to purchase vanadium outright, LPV offers vanadium leasing, significantly reducing upfront capital costs for flow battery projects and making long-duration storage more cost-competitive [5]. Storion acts as the safekeeper and manager of LPV’s physical vanadium inventory, with Largo Inc. holding a 65.7% interest in LPV [3][5].
The collaborations are designed to meet growing U.S. demand for safe, scalable, long-duration energy storage, particularly as the grid integrates more variable renewable energy [3][5]. The agreements position LPV to supply future Storion–TerraFlow projects, with both companies expressing expectations of further deployments as the U.S. long-duration energy storage market expands [1][3].
Largo’s position as a major global vanadium producer—with vertical integration from its Maracás Menchen Mine in Brazil—ensures a reliable supply chain for these projects [5]. All TerraFlow systems are assembled in the United States and built for fast deployment at scale. TerraFlow's LDUPSTM solution is engineered for real-time power conditioning, harmonic filtering, and 10+ hours of discharge for data centers, industrial facilities, and remote operations [5].
For further information, please contact LPV's CEO, Francesco D'Alessio, at [email protected] or 1.416.861.9797. The Texas flow battery project utilizes TerraFlow's large-tank format flow battery solution, engineered for safe, stable, and long-life operation, and poses no thermal runaway risk or flammability concerns [5].
The lease agreement removes the need for the flow battery customer to purchase vanadium outright, lowering upfront capital requirements and making vanadium flow batteries more cost-competitive. LPV aims to provide a secure, convenient, and exchange-traded investment alternative for investors interested in physical vanadium [5].
The collaboration with TerraFlow advances the development of a domestic vanadium electrolyte and stack manufacturing supply chain in the U.S., supporting U.S. energy resilience. LPV's strategy is not only to achieve appreciation through the acquisition of vanadium but to own and actively supply vanadium to end-users of VRFBs to advance the integration of renewable energy in long-duration storage [5].
It is important to note that the information in this press release contains forward-looking information, which may not materialize as anticipated, and readers should not place undue reliance on it. For more updates and details, please visit LPV's official website or contact the company directly.
*Sources: [1] Largo Physical Vanadium Corp. (LPV) Press Release, [2] Storion Energy LLC Press Release, [3] TerraFlow Energy Operating LLC Press Release, [4] Largo Clean Energy Corp. Press Release, [5] Largo Inc. Investor Presentation*
- This strategic partnership between Largo Physical Vanadium Corp., Storion Energy LLC, and TerraFlow Energy Operating LLC, anchored by supply and lease agreements, aims to support the finance and technology sectors by powering a major 48 MWh energy storage project using vanadium flow batteries in Bellville, Texas.
- The Bellville project, one of the largest vanadium flow battery deployments in the United States, will utilize technological solutions provided by TerraFlow, with Storion supplying high-quality vanadium electrolyte, driving the development of the energy industry as the grid integrates more renewable resources.
