Vanadium flow battery partners sign agreement to develop gigafactory in Australia

Energy Storage News 

Flow battery maker CellCube and energy storage developer North Harbour Clean Energy are in talks to build factory in Australia with 1GW/8GWh annual production capacity.

NHCE got backing from a major Australian institutional investor. That followed a deal signed by NHCE in May with Australian Vanadium, a startup looking to establish a vertically integrated flow battery business in the country from extraction and processing upwards.

Australian Vanadium signs flow battery project development MoU

Energy Storage 

Australian Vanadium, a startup looking to establish a vertically integrated vanadium flow battery business, has signed a Memorandum of Understanding (MoU) with developer North Harbour Clean Energy (NHCE).

NHCE is focused on developing long-duration energy storage capacity at pumped hydro energy storage (PHES) and vanadium redox flow battery (VRFB) sites, having identified strong fundamental market drivers for the technologies as Australia moves away from fossil fuels.

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