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ViZn seeks $25m for battery storage

Fri, 07/11/2014 - 16:13 -- Laura Varriale
ViZn flow battery storage system

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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