Vanadis IPO, page-373

The Vanadium Revolution Is Here.

California has recently announced that by 2020 all homes and mid-rises will be required to install solar panels. It is here that VRBs can play a part. The ability to store power from low usage periods and spill it back into the grid during peak demand periods makes VRBs a far superior choice for large-scale energy storage than lithium-ion batteries. Experts predict that it is just a matter of time before this law will be adopted nationwide. Regulations such as these could become a big driver for vanadium demand in the United States, a country in desperate need of a domestic resource.
https://www.oilandgas360.com/how-this-super-metal-could-spark-the-largest-trade-war-in-us-history