Storion Energy Accelerates U.S. Vanadium Electrolyte Production with DOE MAKE IT Prize Support

Storion Energy LLC, a supplier with domestic production facilities for Vanadium Redox Flow Battery (VRFB) components, is pleased to announce it has secured its first customer for vanadium electrolyte from its continuous production line established with support from the U.S. Department of Energy’s Manufacture of Advanced Key Energy Infrastructure Technologies (MAKE IT) Prize.

Since receiving the $5M prize award in 2024, Storion has been working to rapidly scale domestic production of cost-effective vanadium electrolyte, a key component of long-duration energy storage (LDES) systems, in anticipation of a 36% per year (CAGR) projected growth of VRFB deployments. Such growth is expected to reach 30-35 GWh by 2031 (~$8 billion), including 5.8 GWh in North America, before the acceleration of data center demand for LDES.

The first electrolyte customer will take advantage of Storion’s novel leasing agreement using vanadium owned by Largo Physical Vanadium Corp. (TSXV:VAND, OTCQX:VANAF), and will deliver 50 MWh of electrolyte to TerraFlow Energy for a 9.6 MW/ 5-hour VRFB installation in Bellville, Texas. Combined with the related supply agreement with TerraFlow, this strong initial demand will help build market confidence in the sustainability of a strong, vertically integrated U.S.-based manufacturing, helping catalyze the expansion of the flow battery industry.

MAKE IT Prize funds were a key piece to enabling Storion’s rapid growth since its launch as a joint venture of Stryten Energy LLC and Largo Clean Energy, a subsidiary of Largo Inc., in February of this year.

“We are grateful to the Department of Energy for their support through the MAKE IT Prize,” said Travis Torrey, Chief Technology Officer for Storion Energy. “This funding allowed us to take the crucial first step in building domestic manufacturing capacity for vanadium electrolyte. This has helped us, and the broader flow battery industry, move forward faster to meet the growing demand for LDES driven by data centers' need for energy.”

“With the MAKE IT Prize winnings, we’ve been able to meet current market demand and position ourselves to scale with future growth,” added Torrey. “This is a major step toward building a robust U.S. energy storage ecosystem.”

Storion’s electrolyte production is designed to support utility-scale deployments and future growth across the energy storage sector. The company continues to collaborate with industry partners to expand access to safe, durable, and recyclable energy storage solutions, which support American energy security and independence.

Storion Energy | storion.com