Energy-storage.news caught up with executives from two long-duration flow battery energy storage providers, ESS Inc. and Invinity Energy Systems, at the Energy Storage Summit 2022.
China is targeting a non-hydro energy storage installed capacity of 30GW by 2025 and grew its battery production output for energy storage by 146% last year, state media has said.
Redflow has reported a significant rise in revenues from its zinc-bromide flow batteries but the Australian company noted that it expects to remain “cash-flow negative for some time”.