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He said, "We will start having repeatable income and profitable projects in 2021, which is good, opening up various other avenues for the growth capital we may ultimately need. In the foreseeable future, we are in a favorable position

Harper pointed out that one advantage of liquid flow battery technology compared to lithium-ion battery technology is that it does not require more funds to build large production factories to expand production scale. The liquid flow battery energy storage system can be assembled within 4 to 8 months after receiving an order, which gives its production process the same modular advantages as the vanadium liquid flow battery itself.

He said, "Our vanadium flow battery looks like an assembly plant. This means to us that we are very flexible in increasing production capacity and can produce flow batteries quite quickly at relatively low costs. This will help us expand deployment scale faster and complete deployment faster compared to lithium-ion battery energy storage systems

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