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hpxploration.com

Founded Year

2010

Stage

Unattributed - IV | Alive

Total Raised

$310M

Last Raised

$10M | 3 mos ago

About High Power Exploration

High Power Exploration (HPX) is a privately-owned, metals-focussed exploration company deploying proprietary in-house geophysical technologies to rapidly evaluate buried geophysical targets. The HPX technology cluster comprises geological and geophysical systems for targeting, modelling, survey optimization, acquisition, processing and interpretation.

High Power Exploration Headquarter Location

654-999 Canada Place Ste 654

Vancouver, British Columbia, V6C 3E1,

Canada

604-689-8765

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Latest High Power Exploration News

Work begins on 100 MW/500 MWh vanadium flow battery in China

Sep 2, 2021

Vanadium redox battery provider VRB Energy, which is majority-owned by Canada-based metals exploration company High Power Exploration Inc (HPX), has begun construction on a  100 MW/500 MWh vanadium flow battery  in Xiangyang, in China’s Hubei province. The storage project is being deployed at the Automobile Industrial Park of the Xiangyang high-tech development zone and is expected to come online by the end of next year. The storage facility will be owned by Hubei Green-Move Zhongvan New Energy Co Ltd (Green Move ZF) which is, in turn, owned 70% by China’s largest energy company, the  State Power Investment Corporation (SPIC) ; 20% by Hubei Pingfan Ruifeng New Energy Co Ltd; and 10% by Chinese real estate developer Wuhan Yuanxing Real Estate Development Co Ltd. The project is linked to a 1 GW wind and solar project portfolio, 500 MW of solar distributed generation, and the construction of a  gigafactory for vanadium redox flow batteries in China . “VRB Energy has participated, since 2019, in the construction of the first phase of the 3 MW plus 3 MW/12 MWh vanadium redox flow battery energy storage phase of the 10 MW solar and storage project in Hubei Zaoyang, and the project is working well,” said VRB chief executive, Huang Mianyan. “The operation has fully confirmed the huge application value and market prospects of VRB Energy’s storage technology and will promote the grid connection and on-site consumption of renewable energy.” In mid-July,  China’s National Photovoltaic and Energy Demonstration Experimental Center  began testing VRB Energy’s vanadium redox flow batteries at its Daqing facility in northeastern China. VRB Energy claims its vanadium redox flow storage systems rely on low-cost ion-exchange membrane and bipole material, and long-life electrolyte formulation. The standard battery power module is rated at 250 kW for megawatt-class systems. This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com . Share Emiliano Bellini Emiliano joined pv magazine in March 2017. He has been reporting on solar and renewable energy since 2009.

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  • When was High Power Exploration founded?

    High Power Exploration was founded in 2010.

  • Where is High Power Exploration's headquarters?

    High Power Exploration's headquarters is located at 654-999 Canada Place, Vancouver.

  • What is High Power Exploration's latest funding round?

    High Power Exploration's latest funding round is Unattributed - IV.

  • How much did High Power Exploration raise?

    High Power Exploration raised a total of $310M.

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