The global all-vanadium flow battery market will reach a scale of 100 billion in 2023

2022-01-13

The vanadium electrolyte is the core of the "all-vanadium redox flow battery light storage and utilization integration project". As a metal "vitamin", vanadium is widely used in new materials in the fields of automobiles, aviation, railways, electronic technology, and national defense. The vanadium in front of us has changed from "iron bone" to a liquid that flows freely, and has become a promising super battery -- an all-vanadium flow battery.

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The vanadium electrolyte is made of vanadium with a purity of up to 99.9%. The all-vanadium redox flow battery with it as the core has high power, large capacity and high conversion efficiency. As long as the concentration of the electrolyte and vanadium ions is increased, the energy density can be easily improved. , Its service life can reach 20 years, and it can be charged and discharged tens of thousands of times. The life cycle is 3-4 times that of traditional batteries, and it is not afraid of deep charging and deep discharging. Vanadium has almost no loss in use and is green and environmentally friendly.

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According to industry estimates, the global all-vanadium redox flow battery market will reach a scale of 100 billion by 2023.