VanadiumCorp Resource is set to open a vanadium redox flow battery research and development facility in Karlsruhe, Germany.
The facility will focus on next generation flow battery innovations as the company eyes the electrification of mobile applications such as vehicles, trains and ships.
They company is in detailed negotiations with potential manufacturers and end users, said Adriaan Bakker, chief executive officer of VanadiumCorp.
Innovation of vanadium redox flow batteries would also benefit the global energy storage market as it shifts towards long duration grid-connected systems, he said.
The company has identified key improvements over current technology to increase the energy density of vanadium electrolyte as well as the power density of the conventional stack in a VRFB.
VanadiumCorp intends to integrate vanadium directly into its own battery systems at a future date and is not currently producing VRFB’s. Further announcements regarding the future VRFB facility in Germany will be announced in the fourth quarter of 2019.