ViZn seeks $25m for battery storage
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American-based flow battery developer ViZn Energy is to seek $25m to expand its manufacturing capacity.
The company told Bloomberg it expects to increase its zinc-iron flow battery production during the next six months. $25m should be “enough” to get the ViZn fully funded. “We’ll be on our way to just pure execution until we’re cash-flow positive,” said ViZn’s chief executive Ron Van Dell.
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