VRB Energy develops vanadium redox flow battery systems (VRB-ESS®) marketed for long-duration, heavy-duty daily cycling to integrate solar and wind power into utility grids. The company highlights its proprietary low-cost ion-exchange membrane, long-life electrolyte formulation and innovative flow cell design, and says its systems are nearly 100% recyclable and non-toxic. VRB Energy reports more than 40 MWh installed and in construction worldwide and over 800,000 hours of demonstrated performance. The company is rolling out its Gen3 VRB-ESS® product and plans expanded manufacturing capacity and vertical integration of vanadium processing to meet growing demand. VRB Energy is majority-owned by Ivanhoe Electric (formerly High Powered Exploration) and is affiliated with I-Pulse. The company is pursuing projects internationally and is in discussions for 100MW-class PV+VRB projects in the U.S., Europe and South Africa, noting increasing demand for 8-hour-plus durations.

Total raised

$24M

Funding rounds

1

Latest round

Equity

Latest activity

Jul 2021