Invinity Energy Systems is Patent-less No More, Just As Patent Forecast Predicted
In June 2021, Patent Forecast® highlighted Invinity Energy Systems, the product of a merger between two vanadium flow battery pioneers, the UK-based RedT and US-based Avalon Battery. Invinity was recently awarded four flow battery projects…
What Does Biden’s Infrastructure Bill Mean for Flow Batteries?
If you’ve been reading the news over the past few months, you’ve heard of President Biden’s proposed multi-trillion dollar infrastructure bill and the partisan debate surrounding it. Some of the most talked about projects included in the…
Who Wins in Flow Batteries? We Predict the Owner of the Most Patents.
Across the country, states are committing to renewable energy storage by funding projects aimed at redox flow batteries as a solution to many power grid issues. Last month, Patent Forecast® discussed California’s recent $20 million…
VRB Energy Lands New Investment with Old Patents
On July 2, 2021, Canadian vanadium flow battery producer VRB Energy announced it had landed $24 million in funding from Thai renewable energy group BCPG. The investment is expected to speed up VRB’s commercialization of its utility-scale…
Flow Battery Manufacturer Bushveld Has No Patents; Invests In Companies That Do. Hmmm…
Everyone knows the saying “build versus buy” when talking about a new project but Bushveld Minerals is adding a new question: build, buy, or invest? Bushveld Minerals is based in South Africa and is a major producer of vanadium, one of the…
Largo Has Big Goals, But Its Patent Shortfall Might Hold Them Back
Largo Clean Energy, a spinout of vanadium-supplier Largo, announced in June 2021 that it plans to capture at least 3% of the long-duration energy storage battery market by 2025. Largo Clean Energy was recently created in December 2020 to…
Dutch Oil-Battery Partnership Leads the Way for More Major Oil Investments in Flow Battery Storage
Royal Vopak N.V., a Dutch company and world leader in oil and chemical storage, is turning a new leaf to focus on renewable energy. In April 2021, Royal Vopak announced that it would be partnering with Elestor, a Dutch battery startup, on…
The Future of Flow Batteries Is… Candles?
One of the biggest barriers to widespread commercialization of flow batteries is the high cost of battery materials - until now. Researchers at Pacific Northwest National Laboratory (PNNL) have discovered that the organic compound…
Invinity Energy Systems Has One Patent, One Big California Contract, And One Exposure Problem
California plans to reach 100% clean energy by 2045 and is depending on flow battery technology to meet that goal. With 162 patent assets in flow battery technology over the last three decades, Sumitomo was the clear choice for…
Lockheed Martin + 3 Billionaires Bet on Electrolyte Materials.
In the race to commercialize flow battery technology, Lockheed Martin has differentiated itself from its competitors with the electrolyte material in its GridStar Flow battery. Other players in the flow battery space, like Ess Tech, ViZn,…
The Undisputed Leader in Membraneless Flow Battery Technology: Phillips 66?
You’ve probably filled up your tank at a Phillips 66 station, so it may come as a surprise that the gas giant is focusing the future of its business on renewable energy storage solutions like flow batteries. Redox flow batteries offer a…
Qatar Investment Creates ‘Unicorn Fluence’
Qatar Investment Authority (QIA) is one of the six founding members of One Planet Sovereign Wealth Fund Initiative, a fund established in order to encourage green technology with long-term value and sustainable market outcomes. As of…
Breakthrough Energy Ventures Investing in a Breakthrough Business
Breakthrough Energy Ventures (BEV), a group of private investors led by Bill Gates, Jeff Bezos, Michael Bloomberg, and other well-known billionaires, is paving the way for new, innovative green technology with a big impact. The fund is…
Creek Channel Inc. To Watch
Having just gone from LLC to corporation as of February this year, Creek Channel has wasted no time in developing its place in the Energy Storage sector. The company filed seven (7) patent applications related to flow batteries in March…
BASF partners with ‘metal-free’ flow battery startup JenaBatteries
Multinational chemicals company BASF has furthered its interest in the energy storage industry, partnering on the development of ‚Äòmetal-free' flow battery electrolytes with German startup JenaBatteries. BASF announced the partnership…
Apple farmer adds flow battery
A vanadium redox flow battery will be installed at a family-owned apple orchard located in Pakenham, Australia. The Victorian apple farm has added a 20kW/80kWh vanadium redox flow battery system to the 60kW solar array already existing at…
Natron Deploying Prussian Blue Battery System with $3M Award
Natron Energy, a provider of flow batteries, has been awarded a $3 million grant by the California Energy Commission (CEC) to manufacture and install a high powered, long cycle life energy storage system at an EV Fast Charging station.…
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