Suncor’s plan to recover vanadium from coke-fired boilers will receive CA$7 million (US$5.2 million) government funding.

South Africa could play a big role in the global battery value chain with the potential for 10-15GWh of domestic demand for battery energy storage by 2030, according to a report from the World Bank.

Sumitomo Electric will step up its VRFB business in the US, with plans to invest in local production and installation capabilities.

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.

A demonstration facility to prove out Australia’s capabilities in critical minerals processing will be built in North Queensland.

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.

US$18 million Series B closed by H2 Inc, a South Korea-headquartered manufacturer of redox flow battery energy storage systems.

A roundup of the biggest projects, financing and offtake deals in the sector that Energy-Storage.news has reported on this year.

CellCube and North Harbour Clean Energy in talks to build factory in Australia with 1GW/8GWh annual production capacity.

H2 Inc, a South Korean vanadium flow battery company, has begun construction of a factory with 330MWh annual manufacturing capacity.