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.
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.
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.