VUL Ann: VUL signs agreement with Enel Green Power and Project Update - 8th Jul 2022, 9:01am

[annb0t]

VUL Ann: VUL signs agreement with Enel Green Power and Project Update
Price Sensitive: Y
Date: 8th Jul 2022, 9:01am

>>> Read announcement: Google: VUL Market Announcements

 

[Slymeat]

This seems like a novel, yet fantastic, way to expand. Others must be viewing Vulcan’s geothermal process as industry leading.

 

[krugerrands]

Most significant near term information from announcement.

Love that they changed it to Sorption Demo Plant ( which accurately reflects what it actually is ).
The term DLE is such a misnomer.

And following that the electrolysis demo plant.

Both proving the planned technology and processes on a meaningful scale.

Could be that a partnership like this will speed things up with local knowledge and local connections.

 

[Slymeat]

It’s apt that delays have been caused by supply chain issues. Isn’t that the Bain of almost every project these days!

Supply chain assurance, as well as well governed traceability of environment footprint along said supply chain, is EXACTLY the reason why Europe needs locally sourced battery materials. The likes of Vulcan, Talga, Magnus Energy and NeoMetals are going to help achieve these assurities. Having all these up and running is only a matter of quarters away, a few years at most. Together, these companies will help the EU so very much in its greenhouse emissions goals.