Germany-based flow battery company VoltStorage has been granted a venture debt loan of €30 million (US$33 million) by the European Investment Bank (EIB), guaranteed by the European Commission.
More news in brief from around the world in energy storage, featuring vanadium redox flow batteries (VRFBs), bankruptcy for a thermal storage startup and a new integrated lithium tech.
A seven-year observation of a vanadium flow battery in California from Sumitomo Electric has been completed, while US lab PNNL has found an alternative, food-based electrolyte which it said boosted capacity and longevity.
The downstream arm of vanadium producer Bushveld Minerals and other industry sources have responded to yesterday’s article about flow battery technology’s suitability for a tender in South Africa.