FLOW BATTERY MARKET ANALYSIS
Global Flow Battery Market: Key Developments
In July 2022, VRB Energy announced to have commissioned the first stage of an 800 MWh flow battery in China. The first stage of this project includes a 100MW/400MWh vanadium redox flow battery energy storage system.
In January 2022, ESS Tech Inc. deployed its long-duration batteries for commercial and utility-scale energy storage applications, which is a project by SDG&E (San Diego Gas & Electric). This will be reinforcing the SDG&E microgrid project with backup resources in California.
In July 2022, Redflow Limited introduced its Gen3 batteries making its first potential commercial sale. The company received a contract for providing 56 Gen3 zinc-bromine flow batteries as part of the novel hybrid renewable energy system.
In December 2022, Invinity Energy Systems and Everdura Technology Business signed a reseller agreement. Everdura has accomplished a first buying order for 15 MWh vanadium flow batteries from Invinity under the agreement.
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