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.

Vanadium flow battery company Invinity Energy Systems has sold a 1.3MWh system to Kinetic Solution for a microgrid project serving a data centre in Arizona.

High cost and material availability are the main non-technical barriers to energy storage deployment at the scale needed, according to a new report from MIT.

Flow battery companies Redflow and Invinity Energy Systems are targeting the US market through partnerships with third parties.

Largo Clean Energy, part of vanadium primary producer Largo Resources, and Ansaldo Green Tech are exploring the potential of a joint venture for deploying vanadium flow batteries.

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.

Energy Superhub Oxford, a project with a lithium-ion-vanadium hybrid battery energy storage system (BESS) totalling 55MW, has officially launched.

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.

Vanadium flow battery supplier Invinity Energy Systems has signed a memorandum of understanding with the power and industrial systems arm of Korean conglomerate Hyosung Corporation to commercialise its batteries in South Korea and elsewhere.

A major new vanadium processing facility is set to open in Finland in late 2024 after the formation of a joint venture (JV) to deliver the project.