The all-vanadium redox flow battery (VRFB) is emerging as a promising technology for large-scale energy storage systems due to its scalability and flexibility, high round-trip efficiency, long durability, and little environmental impact.

Vanadium battery, also known as Vanadium redox flow battery (VRFB), is mainly divided into two parts: stack and electrolyte. Stack is a place where electric energy and chemical energy are converted to each other; The electrolyte stores electric energy and circulates during operation.

From the perspective of the whole industry, the industrial chain of power battery recycling can be extended to the field of new energy vehicles and energy storage.

effective power battery recycling can bring great economic value. Many people know that power batteries contain high-value metals such as lithium, cobalt and nickel, which can produce great resource value after recycling.

It is estimated that the installed capacity of lithium iron phosphate batteries in the world will account for 60% in 2024, becoming the mainstream of the power battery market.

Power producer quantum Power Asia and German solar developer IB Vogt GmbH will jointly invest about US $5 billion (4.64 billion euros) to build a solar Park of more than 3.5 GW on Indonesia's Lionel island and export electricity to Singapore.

Vanadium battery system​ is mainly divided into three parts: stack, electrolyte and control system. The development difficulty is stack and electrolyte technology.

JB Straubel, CEO of Redwood materials and former chief technology officer of Tesla, said at a hearing in the US Senate that his company has recovered about 6gwh of discarded lithium-ion batteries every year.