Our Technology

AVESS Energy is the 50% majority shareholder of South Korean VRFB R&D Company KORID Energy Co. Ltd.

KORID has delivered a highly efficient 25kW VRFB stack, which has the potential to outperform the stacks of Tier 1 manufacturers.

The 25kW stack has been meticulously engineered to be lighter and more compact while eliminating leakage and improving assembly efficiency.

Market Advantages

VRFBs have significantly longer lifespans compared to Lithium-ion (Li-ion) energy storage systems (ESS).
VRFBs are capable of cycling more than 20,000 times over a 20+ year lifespan – with minimal performance degradation.
L-ion batteries can expect to see a performance degradation of 50% between 500 and 5,000 cycles.
VRFBs display superior capacity retention and reduced performance degradation – over time – compared to Li-ion ESS.
For example, VRFBs can be charged or discharged for extended periods with little to no effect on future performance.

VRFBs are highly scalable.
VRFBs can be scaled up by simply expanding the size of the electrolyte tanks or by stacking additional modules next to each other.

VRFBs are 100% recyclable.
Vanadium electrolytes in a VRFB undergo minimal performance degradation over their energy storage lifecycle.
At end-of-life, vanadium electrolytes can either be re-deployed into new VRFBs or be extracted and re-purposed.

Vanadium electrolytes are an acidic, aqueous (water-based) solution containing no organic solvents. There is no risk of fire or explosion.
Vanadium content is highly diluted, meaning the electrolytes are essentially non-toxic.

Vanadium comprises 0.02% of the Earth’s crust – more than 10 times that of lithium (0.002%).
With the world’s 3^rd biggest vanadium reserve – behind China and Russia – Australia is poised to become a Tier 1 global producer once vanadium goes into production.
Lithium supply is projected to fall by 2030 with demand expected to outstrip supply – due to the growth in EV uptake.