The vanadium flow battery sector received a boost this week with news of a rental partnership between Invinity and Dawsongroup plc, a new electrolyte plant in Germany and a whitepaper around the technology’s environmental impact.
Bushveld Minerals is restructuring its investment in vanadium redox flow battery (VRFB) firm CellCube, increasing it slightly to 27.6%, as part of its own energy storage business carve-out.
SPAC Mustang Energy PLC is increasing its effective stake in CellCube to around 25% while a company launching a vanadium mine project in Australia has injected US$3.5 million in a new flow battery maker.
Vanadium redox flow battery company CellCube and power electronics company G&W Electric have launched a microgrid solution for the US market, starting with a project at the latter’s HQ in Illinois, US.
South African energy company Kibo Energy will procure two vanadium redox flow battery system pilot projects from CellCube, the first step in a larger rollout.
Cellcube has signed a five-year agreement with an energy asset developer to deploy 1GW-plus of its vanadium redox flow batteries (VFRBs) in Southern Africa, but CEO Alexander Schoenfeldt tells Energy-Storage.news the company’s supply chain has a long way to go before getting to that kind of number.
Vanadium redox flow battery (VRFB) developer Enerox, better known by its CellCube brand, has set up a subsidiary in Colorado, US, to bring its product to the North American market.