Mr. Feng Yong, CEO of IBTR Energy Technology (Suzhou) Co., Ltd. recently accepted an interview with Japanese media ENERGYBIZ, and talked about the development prospects of IBTR all-vanadium flow batteries in the Japanese market and the future layout of the company in the Japanese market.

Dr. Yong Feng said: "Japan is a key market for Abtri's global strategic layout, and we are very optimistic about the development opportunities of all-vanadium flow batteries in Japan's industrial and commercial side. Japan is facing rising electricity costs, severe power supply and other conditions, because the vanadium flow battery is inherently safe, ultra-long 25-year life characteristics, the company has received many Japanese partners in vanadium flow battery strong interest, our vanadium flow products are very in line with the new energy consumers in Japan professional and rigorous and long-term demands. It can bring stable and safe energy storage products and solutions to end users. The company will continue to do a good job of localized products and services, actively layout the Japanese market, and actively participate in Japan's goal of achieving net zero emissions by 2050."

In the Japanese market, Abtri is currently focusing on industrial and commercial energy storage and some household energy storage needs. Industrial and Commercial we are currently focusing on two products: the highly integrated 125KW/500KWh prefabricated cabin product and the 250KW/1000KWh product on the source side (with longer duration requirements). Household energy storage will have application needs in some special application scenarios, and at present, we only launch it for some user markets.

IBTR Energy Technology (Suzhou) Co., Ltd. focuses on the R&D, production, sales and system integration of all-vanadium flow batteries, and is one of the earliest companies in China to invest in the R&D and technological innovation of all-vanadium batteries. Its core team has been deeply engaged in the field of vanadium flow for more than ten years, learning deeply with Professor Maria from the University of New South Wales, the inventor of vanadium flow batteries, and successfully transforming the technology from laboratory patents to products and systems for engineering and commercial applications. The company has the whole industry chain technology, continuous investment in research and development, in the past 10 years, the establishment of high technical barriers, including exclusive reactor hybrid sealing technology, low flow resistance channel and pipeline design, new electrode and bipolar plate material technology, reduce self-discharge integrated technology. The company currently has an annual production capacity of 300MWh and expects to expand to 1GWh by 2024. The company is located in Wujiang, Suzhou, the core area of China's Yangtze River Delta, with abundant talent reserves, convenient transportation and close to 2 international trade ports. The company has signed cooperation intent agreements with multiple channels in Europe and the United States, and looks forward to becoming a world-renowned innovator and professional supplier in the field of vanadium flow batteries in the next 2-3 years, providing safe, efficient and cost-effective long-term energy storage products and solutions for global consumers.