Date: Apr 12, 2018
Protean Energy Ltd (ASX:POW) this morning informed the market that in conjunction with its 50% owned Korean affiliate KORID Energy Co, it has utilised approximately $120,000 of grant funding from the Korean government to develop and test the V-KOR range of vanadium redox flow batteries in Australia.
The Korea Institute of Energy Technology Evaluation and Planning (KETEP) issued the grant to POW, while at the same time the Korean Ministry of Trade, Industry and Energy selected V-KOR as a superior emerging technology.
