New Delhi, Nov 12 (PTI) India’s vanadium redox flow battery market valued at USD 70 million, is all set to surge 12 per cent annually, which will be driven by rising demand for long-duration energy storage for integrating renewables, according to a report by Customized Energy Solutions on Wednesday.

The Customized Energy Solutions (CES) is an energy advisory, software, and services company that works closely with clients to navigate the wholesale and retail electricity markets across the United States and globally, as per a statement.

The global vanadium redox flow battery (VRFB) market, valued around USD 1 billion in 2024, is projected to reach USD 3 billion by 2030, as the global energy transition accelerates and long-duration energy storage (LDES) becomes the backbone of renewable int

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