Stryten Energy, the US-based energy storage solutions provider, has formalised the flow batteries partnership between one of its affiliates, Stryten Critical E-Storage, with Largo Clean Energy Corp (LCE), a subsidiary of Largo Inc.
The pair will produce high-quality, domestically manufactured vanadium electrolyte for vanadium redox flow batteries.
“The finalization of our joint venture with Stryten Energy marks an important step forward in accelerating LPV’s vanadium electrolyte leasing offering to the North American long-duration energy storage market,” said Francesco D’Alessio, President of LCE.
“Storion Energy’s competitive VRFB pricing model is expected to challenge the dominance of lithium for utility-scale deployments, increase the adoption of this technology and secure leadership for the US in this key energy infrastructure application.” It plans to deliver vanadium electrolyte at less than $0.02/kWh.
