- In October 2024, Enerox GmbH was awarded a combination of funding by the U.S. Department of Defense Innovation Unit (DIU) to deploy its advanced megawatt-scale vanadium flow battery (VFB) system along with its management platform. This initiative highlights Enerox’s strategic role in advancing resilient energy storage technologies for defense applications in the U.S.
- In September 2024, ESS Tech, Inc.’s Australian partner, Energy Storage Industries - Asia Pacific (ESI), secured major investments from the Queensland Government and private investors to accelerate clean energy initiatives across Australia and Oceania. The capital will be used to establish a new facility in Queensland that will assemble ESS’s iron flow battery systems for regional distribution, strengthening local energy infrastructure
- In September 2024, VRB Energy secured a USD 55 million investment, with USD 20 million specifically allocated to developing a vanadium redox flow battery manufacturing facility in Arizona, U.S. This investment positions VRB Energy to expand its manufacturing footprint and meet growing demand for grid-scale storage solutions in North America
- In June 2024, Invinity Energy Systems finalized a 4 MWh battery sale to PowerFlex for a California Energy Commission-backed solar microgrid project for the Rincon Band of Luiseño Indians. This project will utilize 18 Invinity VS3 batteries integrated with a solar array at Harrah's Resort Southern California, supporting sustainable and on-demand clean energy use
- In February 2023, Sumitomo Electric Industries, Ltd. announced its expansion of the redox flow battery business in the U.S. at DISTRIBUTECH International, a prominent smart grid technology conference. This move will help Sumitomo explore opportunities for establishing redox battery production capabilities in North America, aligning with the region’s clean energy transition goals
