Fortune Mojapelo, chief executive of Bushveld Minerals Ltd (LON:BMN) talks to Proactive London about joining a consortium of investors in Enerox GmbH to invest US$30mln (£21.8mln) to scale up annual production capacity to 30MW (120-240 MWh) by 2022.
Enerox is a vanadium redox flow battery (VRFB) manufacturer, providing grid scale and micro-grid energy storage solutions.
Future expansion plans could allow Enerox to increase its production capacity to at least 150 MW (600-1,200 MWh) by 2025.