South Korea provides funding to support vanadium battery tech

Date: Sep 25, 2018

South Korea has provided $2.1 million (£1.6m) of funding to support the trial of a 4MWh vanadium battery, targeting double the energy density of competing technologies.

The Korean Institute of Energy Technology Evaluation and Planning (KETEP) awarded Australian firm Korid Energy with finance to supply its patented V-KOR stack technology to a project seeking to devise an industry-standard for vanadium battery solutions.

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