Whilst each announcement, which we will cover in more detail shortly, is worthy of serious attention, it's POW's latest news that is sure to put this early stage vanadium explorer further in the spotlight.

This week, POW announced the installation of a 25kW (100kWh) V-KOR vanadium battery at the site of OzLinc Industries in O'Connor (Perth Western Australia). The battery will be used in a micro grid situation — isolated from the main electrical grid — in combination with a 21kW solar PV system and a 21kW diesel generator.

The micro grid trial at OzLinc is designed to demonstrate how the V-KOR battery operates as part of an off-grid solution in commercial/industrial premises.

The installation comes at a time when vanadium is in sharp focus as a choice metal, particularly in vanadium redox flow batteries (VRFB), which many believe could be a superior way of storing grid energy than lithium-ion.

It is no surprise then that the vanadium price has risen by more than 50% since the start of the year and is up 175% in the last 12 months with little sign of slowing down.

Although it should be noted that commodity prices do fluctuate and investors interested in today's stock should take all publicly available information into account before making an investment decision.

POW is looking to capitalise on these conditions and through a $120,000 grant has taken the opportunity to fast track the development and testing of its V-KOR range of vanadium redox flow batteries, specifically the 5kW/100kWh vanadium V-KOR battery that is currently being trialled in Western Australia.

You may remember from our last article ASX Vanadium Junior: A Unique Exposure to the Next Energy Metal, that POW is delineating what could be a world-class vanadium deposit at its Daejon Project in South Korea.

Daejon is a multi‐mineral project that POW has access to through its 50% holding in Stonehenge Korea Limited (SHK). The other 50% is held by DST Company Limited which was recently reinstated on South Korea's stock exchange boosting the value of POW's shareholding in its joint venture partner.

Through this JV, POW also owns a part share of a battery factory in South Korea that gives it an end-to-end production to processing pathway.

On the exploration front, POW is also moving forward at pace having announced the completion of a 3D geological modelling program — stage 1 p-XRF testing — of the Daejon vanadium deposit, paving the way for an interim Mineral Resource in the second quarter of 2018.

Notably, modelling to date has identified another black shale horizon that could host additional vanadium mineralisation. What is known is that its assets are unique sediment hosted vanadium deposits, potentially suited to produce the high-purity vanadium pentoxide (V2O5) required for VRFBs.

The vertical integration between POW's downstream vanadium resource at the Daejon Project in Korea and the vanadium V-KOR battery differentiates POW from its peers in the battery minerals sector.

Certainly, POW look to have all its ducks in a row as it swings into the second half of 2018 with its tail up and an updated Mineral Resource Estimate due imminently.