Ann: Protean Receives $3M Project Commitment for V-KOR Project, page-8

This is a significant step in the development of this company, huge leap ahead of the others, it would seem.
Excerpt ------
The trial will fund the provision of Protean’s patented V-KOR stack technology for KETEP’s 1MW/4Wh vanadium redox flow battery project, which is anticipated to run for 96 months.
KORID Energy was selected ahead of a field of other companies offering similar technology as a result of its leading V-KOR stack technology, which has a 250% higher power output when compared to other Korean competitors
The project is aiming to double the energy density of vanadium electrolyte, which could significantly reduce the physical footprint of the V-KOR battery solution. The improvements to the 25kW could lead to substantial cost reductions as well as an enhanced assembly process - a key part of the KORID Energy’s commercialisation strategy for large-scale utility applications, such as commercial and industrial use
The project will measure eight key performance specs: stack output, stack power density, electrolyte cost, electrolyte temperature range, battery round trip efficiency, battery life cycles, energy storage system (ESS) substation utilization rate, and total ESS footprint.
“The award by KETEP for KORID to supply it’s patented stack technology to such a nationally significant project is further validation of the considerable advancements KORID has made in recent times,” said Protean director Bevan Tarratt