Is H2 a leading flow battery manufacturer in South Korea?

H2, Inc., an industry-leading flow battery manufacturer in South Korea has recently finalized securing $18 million in Series C funding. H2 Inc, a South Korean vanadium flow battery company, has begun construction of a factory with 330MWh annual manufacturing capacity.

Where is H2 redox flow battery made?

H2, Inc., a leading flow battery company in the world, has finally opened its new VRFB manufacturing facility in South Korea, named ‘K1 Plant’. An US$18 million Series B funding round has been closed by H2 Inc, a South Korea-headquartered manufacturer of redox flow battery energy storage systems.

Are VRFBs a fire-safe alternative to lithium-ion batteries?

The CEO added that an important part of H2 Inc’s strategy is to market VRFBs as a fire-safe alternative to lithium-ion batteries, referring to 37 documented fires at Korean battery storage facilities within the past five years.