Vienna, Austria, June 23, 2025—Storion Energy LLC, a manufacturer of high-quality vanadium electrolyte and power assembly stacks, will focus on the impact of its vanadium electrolyte leasing model on the flow battery industry at the 2025 International Flow Battery Forum, which will take place June 24-26 at the Intercontinental Hotel in Vienna, Austria.
Reliable power needs are surging with artificial data center expansion, manufacturing growth, and the electrification of various industries, which in turn drives an increasing need for robust energy storage solutions. Vanadium Flow Batteries (VFB) are well suited to meet this need by supplying power on demand over periods of 4-12 hours with stable capacity over decades and with unmatched cycling capability. Despite VFB’s nature as a sustainable and resilient energy source, high upfront costs have historically limited VFB adoption.
High costs are largely attributable to the vanadium electrolyte, which accounts for 40-60 percent of the system’s total cost. To address this, Storion’s leasing model, in partnership with the publicly traded exchange fund Largo Physical Vanadium (LPV), significantly reduces upfront VFB electrolyte costs. LPV investors can benefit from trading against the future value of vanadium while allowing their vanadium holdings to be stored in VFB systems. VFB owners benefit because they don’t have to purchase the vanadium themselves. For a substantially lower upfront cost, Storion converts the vanadium oxides to electrolyte and accepts the electrolyte for reuse/recycling at the end of the lease. With more than a 2x decrease in up-front capital for the electrolyte, this novel approach can facilitate rapid market growth with the widespread adoption of VFB.
Storion Energy’s Technical Fellow, Mike Perry, will present details of this model during his talk “High-Performance Vanadium Flow Battery (VFRB) Electrolyte and Cell Stacks are the Key to Low-Cost VFB Systems” on Thursday, June 26, at 9:00 a.m. Please join us at Booth #2 to speak with Storion Energy experts.
About Storion Energy
Storion Energy is bringing energy resilience and security to the flow battery industry by removing the barrier to entry for battery manufacturers with a vertically integrated supply chain providing Power Assembly Stacks and competitively-priced electrolyte. Storion is a joint venture between Stryten Energy and Largo Clean Energy Corp., a subsidiary of Largo Inc., one of the world’s largest and highest-quality vanadium suppliers that will support scalable domestic electrolyte production to establish a fully integrated vertical supply chain for utility-scale VFB LDES solutions. VFB solutions are a safe and reliable option for Battery Energy Storage Systems (BESS) that need to provide energy storage of four or more hours. Storion has locations in Alpharetta, Georgia, and Wilmington, Massachusetts. Learn more at storion.com.