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Nusaned Investment

Vanadium redox batteries plan for Saudi Arabia

Thu, 05/16/2019 - 12:56 -- John Shepherd
Vanadium redox batteries plan for Saudi Arabia

A German-Saudi partnership has been formed to develop and manufacture vanadium redox flow batteries (VRFB) in Saudi Arabia.

The joint venture— formed by German technology firm the Schmid Group, Saudi government-backed Nusaned Investment and the kingdom’s RIWAQ Industrial Development Company— expects to have a “gigawatt-scale manufacturing facility” producing VRFB systems in Saudi Arabia in 2020.

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