VFlowTech, a storage solutions provider, revealed a strategic partnership with the Foundation for Innovation and Technology Transfer (FITT) to conduct research on extracting high-purity vanadium from petcoke.

The FITT serves as an industry interface for the Indian Institute of Technology Delhi (IIT Delhi).

The project seeks to create India's inaugural circular vanadium ecosystem, transforming refinery waste into battery-grade vanadium pentoxide (V₂O₅) - an essential component for next-generation long-duration batteries that enhance grid stability and advance renewable energy usage.

Reports indicate that this collaboration establishes a circular, self-sustaining vanadium ecosystem—transforming waste into resources, bolstering the local supply chain, and speeding up India's energy transition.

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Supported by its recent $ 20 million Series A+ funding, VFlowTech is channeling investments into India's clean energy future by enhancing local research and development capabilities, and fostering a 'Made-in-India' vanadium value chain for vanadium redox flow batteries (VRFBs).

India's refinery size offers a distinctive chance to develop a local vanadium ecosystem.

"By converting waste into materials for batteries, we are tackling energy security and industrial sustainability simultaneously," states Avishek Kumar, Co-Founder and CEO of VFlowTech.

The byproducts from the refineries generate substantial quantities of petcoke cinder, which has a high vanadium concentration. This partnership will address that void by sourcing vanadium locally from petcoke waste, promoting both economic and ecological sustainability.

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"Creating India's inaugural circular vanadium ecosystem, we intend to contribute to the goal of achieving 500 GW of renewable energy capacity by 2030," states Anil Verma from the Department of Chemical Engineering at IIT Delhi.