Singapore-based VFlowTech has raised a US$10 million Series A to set up a manufacturing facility and scale up production of its 250kWh vanadium flow battery product.
Government-backed energy storage announcements continue to roll out of Queensland, with the Australian state set to begin a ‘Neighbourhood Battery’ programme.
Australia and New York are two very different places but both are likely to soon see their first government-backed tenders in which grid-scale energy storage can compete.
The Philippines Department of Energy (DOE) has outlined new draft market rules and policies for energy storage, a month after the country allowed 100% foreign ownership of renewable energy assets.
The government of Queensland seeks input on its battery industry strategy, while an engineering provider has been appointed for a large-scale battery gigafactory in Victoria.
