CellCube is a Canadian public company listed on the Canadian Securities Exchange (symbol CUBE), the OTCBB (symbol CECBF), and the Frankfurt Exchange (Symbol 01X) focused on the fast-growing energy storage industry which is driven by the large increase in demand for renewable energy.
CellCube supplies vertically integrated energy storage systems to the power industry and recently acquired the assets of Gildemeister Energy Storage GmbH, now Enerox GmbH the developer and manufacturer of CellCube energy storage systems. CellCube recently acquired EnerCube Switchgear Systems (formerly Jet Power and Controls Ltd.) and Power Haz Energy Mobile Solutions Inc. (formerly HillCroft Consulting Ltd.) and has also invested in an online renewable energy financing platform, Braggawatt Energy Inc.
CellCube develops, manufactures, and markets energy storage systems on the basis of vanadium redox flow technology and has over 130 project installations and a 10 year operational track record. Its highly integrated energy storage System solutions features 99% residual energy capacity after 11,000 cycles with the focus on larger scale containerized modules. Basic building blocks consist of a 250kW unit family with 4, 6 and 8 hours variation in energy capacity.
CellCube has significant vanadium rich properties in Nevada. The Bisoni McKay and Bisoni-Rio claims contain a pure vanadium resource. Unlike most other vanadium deposits where vanadium is inter-mingled with other metals such as iron, or uranium, the Bisoni McKay and Bisoni-Rio properties contain pure vanadium in a carbonaceous shale.
These vanadium resources may be ideal to meet the need of the growing vanadium electrolyte energy storage market. Vanadium redox flow batteries used for grid energy storage are being recognized by many as the way of the future.