Date: May 16, 2018
Protean Energy Ltd (ASX:POW) has shipped its first V-KOR vanadium redox flow battery to Perth to begin trials, which it expects will to translate to commercial orders for the V-KOR system from Australian clients.
The V-KOR battery technology is a proprietary vanadium redox flow battery energy storage system (VRFB-ESS) that was developed in response to the growing demand for more efficient renewable energy storage solutions. V-KOR offers a rechargeable flow battery with the ability to store high levels of energy for longer and with a greater life expectancy than existing battery solutions.
The technology is jointly owned by Protean (50%) and KOSDAQ-listed DST Co Ltd (50%). V-KOR is underpinned by 15 granted patents and has received grant funding of approximately $120,000 from the Korean government for the development and testing of the V-KOR range of batteries in Australia.
POW announced that a 25kW (100kWh) V- KOR vanadium redox flow battery has arrived at OzLinc Industries’ industrial manufacturing site in O’Connor Perth for deployment in a four-month trial. OzLinc is a supplier of pipe, fittings, flanges, valves and hosing to the Australian marine, industrial and resources sectors.
