| Project Detail |
The project will finance the additional Research, Development & Innovation (RDI) activities , manufacturing demo plant and commercialisation of innovative Vanadium and Iron Salt redox flow batteries. They are suitable for commercial and industrial, as well as large-scale long-duration storage applications.
Objectives
The aim is to bring the technology from pilot to a demonstration manufacturing line of innovative, cost-competitive redox flow batteries. It will also allow potential customers to evaluate, test and qualify the technology for the final market launch.
Sector(s)
Industry - Manufacturing
Proposed EIB finance (Approximate amount)
EUR 30 million
Total cost (Approximate amount)
EUR 68 million |
