TIVAN LIMITED (ASX:TVN) – Sumitomo Electric Develops Advanced Vanadium Redox Flow Battery
Sumitomo Electric has announced the launch of its advanced vanadium redox flow battery (VRFB) at the Energy Storage North America (ESNA) event, taking place at the San Diego Convention Center from February 25 to 27, 2025. This cutting-edge energy storage solution aims to improve large-scale energy storage capabilities with enhanced longevity, increased energy density, and greater cost efficiency. The VRFB achieves enhanced economic viability through innovations in material development and optimized system design.
The new VRFB features several key advancements:
- 15% Higher Energy Density: The system boasts a 15% increase in energy density, allowing for a reduced physical footprint and improved space efficiency.
- 30% Cost Reduction: By optimizing system design, enhancing electrolyte circulation control, and improving manufacturing processes, the new VRFB significantly lowers overall costs, making it a more budget-friendly option for large-scale energy storage projects.
-
Up to 30-Year Operational Life: With the development of long-lasting materials and effective maintenance strategies, the VRFB offers an operational lifespan of up to 30 years, enhancing its long-term cost-effectiveness.
According to sources, the electrolyte used in the VRFB is sourced from the United States and is patented by a U.S. producer.
For more information, you can visit the official press release at Sumitomo Electric.
TVN Price at Posting: 8.7¢
Sentiment: None
Disclosure: Not Held
Likes: 13 Upvotes
Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/sumitomo-electric-unveils-next-generation-vanadium-redox-flow-battery-at-energy-storage-north-america-2025/
