Industrial Consultancy & Sponsored Research (IC&SR) , IIT Madras
Category- Energy, Energy Storage and Renewable Energy
Industry Classification:
Utility-Scale Energy Storage; Renewable Integration; Backup & UPS Systems and Industrial Energy Management
Applications:
Long-duration storage for load leveling and grid balancing; Storing renewable energy in microgrids and remote installations; Reliable, scalable backup power for telecom towers and critical infrastructure, On-site storage for manufacturing plants to reduce peak tariffs.
Market report:
The Global Redox flow battery market was valued at USD 0.34 billion in 2024 and is projected to grow to USD 1.47 Billion by 2035 with a CAGR of 16.2%
Prof. Kothandaraman R
Department of Chemistry
TRL 4
Technology Validated in Lab