VRB for Residential Use
As announced by our listed parent company AVL, we are analysing the commercial feasibility of manufacturing a Vanadium redox flow battery (VRB) solution for the residential market in Australia.
VRB characteristics include being non-flammable, having a long life span with minimal degradation over the 20+ year lifespan and being able to store 4+ hours of energy. This would give the homeowner an energy storage solution which enables them to utilise the energy generated in the day during the night.
The ASX announcement relating to this can be found on AVL’s website: VSUN Energy to explore residential VRB
2nd May 2017 update: A consultant has been appointed to perform an analysis of the residential energy storage market. TFMS appointed to undertake analysis of residential market