The assets of Storion Energy, a vanadium redox flow battery (VRFB) technology company, have been purchased by Stryten Energy, an energy storage solution provider. Storion’s VRFB technology is ideal for applications that require more than four hours of storage capacity to deploy clean energy on demand from renewable sources such as solar and wind energy. These applications include utility-scale storage, microgrids and military bases.
“The acquisition of Storion will add a flow battery technology R&D facility to complement Stryten’s four North American R&D centers focused on advanced lead and lithium energy storage solutions for our essential power, motive power, transportation, military and government customers,” said Mike Judd, President and Chief Operating Officer of Stryten Energy. “The combination of Stryten’s team of 2,500 employees and our more than 2 million sq. ft of manufacturing space brings the industrial resources necessary to establish a reliable supplier of long-duration batteries that are engineered and produced in the U.S.”
Storion’s proprietary VRFB design solves the energy-to-power tradeoff for batteries. Batteries available today have the potential to provide standby power for longer durations when operated at a fraction of the battery’s power rating. In contrast, Storion’s VRFB technology expands a battery’s capabilities to operate for many hours without sacrificing its power or the speed at which it can release energy, by simply adding more electrolytes to the system.
Storion’s VRFB combines multiple innovations to achieve pioneering energy storage performance enabling expanded use of renewables, including:
- Domestically sourced vanadium that is easily recycled
- Increased power density and reduced battery downtime
- Potential of limitless cycle life with proper maintenance
- High-temperature ratings and thermally safe
- Scalable to meet varying energy storage capacity needs
“We are excited to welcome the talented Storion team to Stryten Energy,” said Tim Vargo, Chief Executive Officer of Stryten Energy. “The clean energy transition in the U.S. requires reliable battery solutions across multiple chemistries to meet the growing demand for renewable power. The addition of Storion’s proprietary vanadium redox flow battery technology to Stryten’s Essential Power portfolio of energy solutions will expand our capabilities to solve our country’s current and future energy challenges, while positioning Stryten for success in the rapidly growing long-duration energy storage market.”
Storion’s VRFB technology will expand the portfolio of Stryten’s newly formed Essential Power division, which provides a suite of advanced lead and lithium battery technologies and services, including chargers and racking systems, used for backup power for the military and government, telecommunications, uninterruptible power supply (UPS), railway, utility, microgrid and renewable markets with the addition of long-duration energy storage capabilities.
News item from Stryten