This is Liaoning Province's first global unicorn company in the port city of Dalian. Components for the vanadium redox flow battery energy storage system are being made here.

After more than 20 years of research, the Dalian Institute of Chemical Physics uncovered the energy storage properties of vanadium and developed the core technology of these batteries. In the city, the world's first 100-megawatt vanadium redox flow battery energy storage power plant has been set up. It can store 400 mWh of electricity, which can meet the daily power needs of 200,000 people.