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Global Trade Alert

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United Kingdom: UK government announces funding for a vanadium flow battery project

Description

On 12 April 2023, the Department for Energy Security and Net Zero of the United Kingdom announced awarding Invinity Energy Systems GBP 11 million (USD 13.7 million) to develop and manufacture a Vanadi...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

12 Apr 2023

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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