Vertically integrated primary vanadium producer Bushveld Minerals has increased its share capital of vanadium redox flow battery (VRFB) maker Enerox by 65.1% through investment firm Enerox Holdings.
The deal, first announced last December, is part of Bushveld’s goal of generating capital to support the growth of VRFB original equipment manufacturers.
South Korean flow battery company H2 has won an order for what it calls the largest flow battery project in Spain. The eight-hour duration 1.1MW/8.
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