Thorion Energy

Thorion Energy, headquartered in Perth, is Australia’s first producer of Vanadium Redox Flow Batteries. Utilizing a patented chloride-based vanadium electrolyte, they deliver compact, scalable, and safe energy storage solutions for renewables.

Company Location

Country:

Australia

City:

Perth, Western Australia

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Company Overview

Thorion Energy is an Australian energy storage company founded by co-founders Bradley Appleyard and Martin Law. Headquartered in Perth, Western Australia, it is the nation’s first manufacturer of vanadium redox flow batteries (VRFBs), specializing in advanced, patented chloride-based vanadium electrolyte technology licensed from the US Pacific Northwest National Laboratory. The company’s mission is to deliver safe, scalable, long-duration storage systems to support renewable energy integration and the global energy transition.

Battery Technology

Thorion’s core technology is its proprietary V-Series vanadium redox flow battery modules, including the V40 and V80 models, which use a patented chloride-based mixed-acid vanadium electrolyte. Licensed from PNNL, this chemistry delivers 70% higher energy density than traditional sulfuric acid VRFBs, operates between -5°C and 60°C, offers a 20-year ultra-long lifecycle with multiple daily cycles, and is non-flammable with no thermal runaway risk. The modular design enables flexible system sizing for standalone stations and microgrids.

Products

Thorion’s product lineup consists of modular V-Series battery modules, such as the V40 and V80, designed as mini power stations for rapid deployment. Features include high energy density, extended temperature tolerance, ultra-long lifecycle, non-flammability, and scalable system sizing suitable for standalone power and larger microgrid setups.

Recent Projects

In early 2025, Thorion expanded into Vietnam, India, and the Middle East through agreements with a Vietnamese partner. Its VRFB modules have been exported globally and deployed at remote Australian mining sites, replacing diesel generators. These modular systems enable rapid deployment in extreme, cyclone-prone climates without extensive infrastructure.

Investors

Pioneer investor Lawrence, along with co-founders Bradley Appleyard and Martin Law. Richmond Vanadium Technology invested AUD 3M in 2023 for equity and governance rights. The unlisted public company is seeking an additional AUD 6–10M via equity or convertible notes.

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