VRB Power terminates most of staff, calls outlook grim
Tuesday, November 18th, 2008VRB Power’s vanadium flow-battery technology might have held potential as a utility-scale energy storage system, but in the end the Vancouver-based company has failed to execute and is on the road to insolvency. The company released a press release this afternoon announcing that it has been unsuccessful in seeking a merger, sale or some kind of financing that can keep the company afloat. (more…)
Tyler Hamilton is associate publisher and editor-in-chief of Corporate Knights magazine and former business columnist for the Toronto Star. This blog is a personal project started in April 2005.
