Ann: First Term Sheet for Iron Titanium Co-product Signed, page-19

Not AVL , about VRFB
Southeast Asia’s only vanadium flow battery company’ in MOU to accelerate deployment


VFlowTech, a vanadium redox flow battery (VRFB) manufacturer based in Singapore, has signed a Memorandum of Understanding (MoU) with global liquid storage logistics group Advario.
The potential partnership would seek opportunities to deploy VFlowTech’s systems at Advario terminal facilities, leveraging Advario’s land and renewable energy infrastructure like rooftop solar PV systems for projects.
Advario would also test the technology out and help select appropriate storage tanks for the batteries’ electrolyte, leveraging its own experience in storage infrastructure and operating systems.
VFlowTech was partly spun out of Singapore’s Nanyang Technical University, holding IP developed by the academic institution and incubated by its accelerator programme. Its modular flow batteries are designed to be durable over a 25-year lifetime and offer cost-effective long-duration energy storage (LDES).