RedT has confirmed that Avalon chief executive Larry Zulch will lead the combined entity should its proposed merger complete, with Scott McGregor set to depart at the end of the year.
Vanadium producer Bushveld Minerals has offered its backing to the merger of UK energy storage provider redT with US vanadium redox flow battery maker Avalon Battery, providing a loan to help the deal get over the line - and to help its own vertical integration ambitions.
Vanadium flow machine specialist redT has trimmed its losses in the first half of 2019, and said it expects further developments related to its planned merger with Avalon in the near future.
News in brief from around the world in energy storage.
Some choice words from conversations with Scott McGregor, CEO at redT, Avalon Battery president and chief product officer Matt Harper and NEXTracker’s chief technology officer, Alex Au.
‘Flow batteries’ could provide frequency response in the UK for the first time ever, as a modestly sized solar-plus-storage system has been pre-qualified into National Grid’s dynamic firm frequency response (dFFR) market.
Australia may be one of the leading major economies in terms of renewable deployments, but it’s woefully underprepared at a network level to actually make the transition...
Update included confirmation that cash reserves stand at around US$4.31 million, enough to continue meeting the firm's obligations until December this year.
Schmid and Saudi companies are also planning a gigawatt-scale manufacturing facility for Vanadium Redox Flow Batteries.
'Hybridising' energy storage systems by combining lithium-ion and flow batteries, shares the power and energy application workloads between the two types of battery and can prolong their life expectancy, a representative of Thai engineering firm TSUS Group has said.
Energy storage firm redT has landed more than £3 million (US$3.92 million) from an open share offer, effectively securing its immediate future.
Pivot Power will collaborate with manufacturer and system integrator redT on what is claimed to be the world’s first grid-scale hybrid battery energy storage project to use a combination of lithium-ion and vanadium technologies.
Norwegian utility Statkraft has partnered with flow machine specialist redT on a fully-financed solar-plus-storage offering for the UK’s thriving C&I renewables market.
Flow battery maker Avalon has initiated a novel business model aimed at lowering the cost of deployment of its energy storage units, effectively ‘renting’ the electrolytes in the devices to a customer in California.
Long duration flow battery manufacturer CellCube will bring its large-scale vanadium redox flow systems to the UK, with the country's Capacity Market firmly in its sights, according to Immersa, which the Canadian energy storage company has signed up to partner with.
In another eventful and exciting year, Energy-Storage.news has been able to capture conversations and interviews with leading industry figures.
Australian Vanadium (AVL) and VSUN Energy have signed an agreement to work with the Future Batteries Industry Cooperative Research Centre (FBI CRC) on developing vanadium extraction and processing skills, particularly in Western Australia.
Vanadium redox flow battery maker VRB Energy has begun commissioning a 3MW / 12MWh energy storage system project in Hubei, China, which is expected to help serve as a demonstrator for much larger projects to come.
First developed by NASA, flow batteries are a potential answer to storing solar – and wind – for eight to 10 hours, far beyond what is commonly achieved today with lithium-ion. In the second of a two-part special report, Andy Colthorpe dives deeper into questions of bankability, market segmentation and manufacturing strategies with four very different providers of flow energy storage technology.
With a view to creating a mass market design for vanadium flow batteries, Australia’s Protean Energy will deploy a 4MWh battery energy storage project in South Korea that will be researched over eight years of operation.
The fortunes of Gildemeister’s redox flow battery energy storage have been an interesting mirror to those of the technology class overall in some ways. Energy-Storage.news spoke to a leading representative of those assets' new owner, CellCube Energy Storage company president, Stefan Schauss.
Long duration energy storage will be put to use in Germany’s grid, with RedT, a UK-headquartered maker of flow energy storage ‘machines’, announcing an initial 80MWh deployment to the country.
Redox flow energy storage systems, earmarked by Navigant Research to be one of the fastest growing electrochemical storage technology sets over the next decade, are being deployed in recent or upcoming projects by Cellcube Energy Storage Systems and Redflow.
As an interactive way to introduce its third generation of stacks, vanadium redox flow storage maker RedT debuted its augmented reality app at Intersolar Europe/ees Europe this year.
Voltstorage, a German company founded in Munich in 2016, is launching a vanadium-redox-flow (VRF) energy storage system aimed at the residential market.
A mining operation in South Africa will start managing the cost of its consumed energy with the deployment of eight flow batteries from Primus Power.
It’s been predicted for some time that the redox flow energy storage space will, after some turmoil and rapid consolidation, find success in providing energy storage at durations of more than four hours. This past couple of weeks have been a tale of both turmoil and success.
Flow battery manufacturer VIZn Energy has confirmed that nearly all its employees have been “furloughed” amid financial difficulties, but denied that the company has exited the business altogether.
A European consortium is to test the use of long duration storage flow machine technology with a large scale tidal energy project planned for the UK later this year.
News in brief from around the world of energy storage.