The project, backed by AU$150 million (US$97 million) of government funding and administered by the Department of Energy and Economic Diversification (DEED), requires the use of flow battery technology manufactured within WA, using locally sourced and processed vanadium. . A Western Australian government initiative to deploy the largest vanadium redox flow battery (VRFB) project outside China is a “pivotal moment,” one technology provider has said. In late November, the state government launched the first stage of an expression of interest (EOI) for a 50MW/500MWh. . The Company's wholly owned subsidiary, VSUN Energy Pty Ltd (VSUN Energy), has commenced Project Lumina, the development of a modular, scalable, turnkey, utility-scale battery energy storage system (BESS) using vanadium flow battery (VFB) technology, for use in Australian energy markets. Analysis. . Image credit: Australian Vanadium Limited Australian Vanadium has announced further progress in the development of Project Lumina, its vanadium flow battery (VFB) energy storage solution, reporting improved competitiveness in energy storage costs following detailed design and engineering efforts. This ambitious project, led by its subsidiary. . Australian Vanadium Limited's subsidiary, VSUN Energy Pty Ltd, continues advancing Project Lumina. Early contractor involvement. .