A research project conducted in partnership between Abu Dhabi’s Masdar Institute of Science and Technology (MIST), an independent university focused on sustainable technology, and Massachusetts Institute of Technology (MIT) will develop an energy storage system using Vanadium Redox Flow Batteries (VRFBs).

Aerospace giant Lockheed Martin has acquired energy storage company Sun Catalyx, which was founded by a Massachusetts Institute of Technology (MIT) professor and has recently been developing flow batteries for grid storage.