Redox Flow Batteries to Create $190 Million Market in 2020

Redox flow batteries will carve out a 360 MWh market in 2020 worth $190 million, according to a new report from Lux Research. Commercial development of flow batteries is still in the early stages. Vanadium-based systems lead the market, accounting for 75 MWh of deployed systems. However, bromide-based systems are … Read more ยป