Growth in renewables and corresponding market pricing is the key driver for the commercialisation and global adoption for vanadium flow batteries (VFBs) and an important reason why we will see further growth for this technology over the years to come, says Ed Porter of Invinity Energy Systems.
Construction has begun on a facility which will make electrolyte for vanadium flow batteries in South Africa’s Eastern Cape, by vertically-integrated vanadium producer Bushveld Minerals.
Using vanadium for battery electrolytes could be twice as profitable as supplying it for steel production, which is currently the major industrial use for the abundant metal, vanadium producer Largo Resources has said.
Experts, technology providers and energy system stakeholders discuss how the need for long-duration energy storage can be met, in this panel discussion from the Energy Storage Summit USA hosted earlier this year by our publisher Solar Media.
The UK is undoubtedly one of the hottest global markets for battery storage today and a considerable pipeline of projects exists. Analyst Mollie McCorkindale from Solar Media Market Research explains some of the methodologies to filter out the top 10 projects in development.
Australian flow battery energy storage company Redflow has entered a “high voltage, high capacity grid-scale future,” unveiling a new system it has created to be deployed at a 2MWh project in California.
Iron electrolyte flow battery company ESS Inc has become the latest energy storage industry player to target public listing of its stock, announcing a merger with a special purpose acquisition company (SPAC).
Largo Resources, a vertically-integrated vanadium supplier launching its own line of redox flow batteries for energy storage, is establishing 1.4GWh of annual battery stack manufacturing capacity.
ESS Inc, currently the only maker in the world of a commercially available flow battery using iron electrolytes, will deploy an energy storage system with more than six hours duration to a microgrid in Chile.
