Portugal-based utility EDP has received clearance to deploy a 1MWh vanadium redox flow battery (VRFB) system as part of a hybrid energy storage project at the site of a retiring gas plant in Asturias, Spain.
US Senator Joe Manchin and fellow bipartisan colleagues have urged the Biden Administration to invest more in non-lithium energy storage technologies, while DOE Loan Programs Office head Jigar Shah expects companies developing the latter to broadly secure 1GWh orders this year.
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.
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.
Vanadium redox flow battery (VRFB) firm Invinity Energy Systems has secured a 15MWh order from industrial technology company Everdura in Taiwan, its largest to date.
Riyadh-based Tdafoq Energy will distribute Indian firm Delectrik Systems’ vanadium redox flow battery products in Gulf Cooperation Council (GCC) markets and set up a manufacturing facility in Saudi Arabia.
The US state of California is providing US$31 million for a long duration energy storage project combining vanadium flow and zinc-hybrid batteries, the first grant from a US$380 million package.
Japanese petroleum firm Idemitsu has invested in a vanadium mining, processing and electrolyte production project in Australia, while two other major vanadium projects have progressed.
