Vanadium Redox Battery (VRB) Market – The Development Strategies Adopted by Major Key Players : Sumitomo Electric Industries, Rongke Power, UniEnergy Technologies
May 21, 2019 at 11:24 AM EDT
New York, NY -- (SBWIRE) -- 05/21/2019 -- The vanadium redox battery (VRB) (or Vanadium flow battery) is a type of rechargeable flow battery that employs vanadium ions in different oxidation states to store chemical potential energy. The vanadium redox battery exploits the ability of vanadium to exist in solution in four different oxidation states, and uses this property to make a battery that has just one electro active element instead of two. For several reasons, including their relatively bulky size, most vanadium batteries are currently used for grid energy storage, such as being attached to power plants or electrical grids.
