Flow Battery Market, By Type (Vanadium Redox Flow Battery, Zinc Bromine Flow Battery, Iron Flow Battery, and Zinc Iron Flow Battery), and By Geography (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa)

Published In : Jun 2023

Code : CMI5881

Pages :145

Formats :

Excel and PDF

Industry : Semiconductors

Market News

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.