Industry
SK On expands ESS portfolio with vanadium batteries
SK On and SK Innovation signed an agreement with Standard Energy to develop vanadium-ion battery-based energy storage system technology, SK On said. SK On will expand its lineup to include VIBs alongside NCM and LFP, focusing on short-duration ESS used in data centres and industrial facilities. SK On will collaborate across materials, cells and BMS, while SK Innovation will improve electrolyte additives and use recovered vanadium to cut costs.