US to fund Moldova BESS and grid upgrades
The US will provide US$85 million in foreign aid to the Republic of Moldova for battery energy storage system (BESS) projects, as well as
You might believe that flow batteries are a new technology merely invented over the past few years. Actually, the development of flow batteries can be traced back to the 1970s when Lawrence Thaller at NASA created the first prototype of this battery type.
But without question, there are some downsides that hinder their wide-scale commercial applications. Flow batteries exhibit superior discharge capability compared to traditional batteries, as they can be almost fully discharged without causing damage to the battery or reducing its lifespan.
Flow batteries represent a versatile and sustainable solution for large-scale energy storage challenges. Their ability to store renewable energy efficiently, combined with their durability and safety, positions them as a key player in the transition to a greener energy future.
Strong, long-duration storage systems like flow batteries are anticipated to become increasingly in demand as the world moves more toward renewable energy, especially in the industrial and utility-scale sectors.
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