Highlights
Tivan signs Letter of Intent with Larrakia Energy for the supply of up to 30 MW of renewable energy from 2026 at the Middle Arm Sustainable Development Precinct.
Tivan announces plans to develop a Vanadium Electrolyte Facility at MASDP to facilitate a renewable value chain for long duration energy storage across northern Australia.
Larrakia Development Corporation is an Aboriginal organisation representing the Larrakia people, the Traditional Owners of the lands and waters in and surrounding Darwin.
Larrakia Energy, majority owned by Larrakia Development Corporation, is planning the development of a 300 MW solar farm to provide renewable energy to MASDP in joint venture with Australian and international partners.
Tivan’s proposed VE Facility is based on planned production of high-purity vanadium at the Speewah Project in Western Australia, and is the largest planned facility outside of China.
Tivan’s mission is to contribute to the global energy transition via large-scale, full-cycle deployment of Vanadium Redox Flow Batteries.
Agreement between Larrakia and Tivan based on a shared vision of harnessing the power of renewables to lessen impacts on country and to create sustainable economic opportunities
To view full ASX announcement, click here.
Source: Tivan
