H2, Inc. Secures $16 Million in Bridge Funding to Expand Flow Battery Manufacturing Capacity - Thailand PR News - [Banking](https://thailandbusinessnews.net/category/banking/) - [Companies](https://thailandbusinessnews.net/category/companies/) - [Economy](https://thailandbusinessnews.net/category/economy/) - [Press Releases](https://thailandbusinessnews.net/category/press-release/) - [PR Newswire](https://thailandbusinessnews.net/pr-newswire-updates/) - [Tech](https://thailandbusinessnews.net/category/tech/) - [Tourism](https://thailandbusinessnews.net/category/tourism/) - [Press Release](https://thailandbusinessnews.net/category/press-release/) # H2, Inc. Secures $16 Million in Bridge Funding to Expand Flow Battery Manufacturing Capacity ##### Up next ![Portables to solve the housing crisis? 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The newly raised capital will be primarily allocated to constructing the company’s new, state-of-the-art K2 Plant. This facility will significantly expand H2’s manufacturing capacity to 1.2 GWh per annum, marking a major milestone in the global flow battery and long-duration energy storage industry. Scheduled to begin operations in 2026, the K2 Plant will triple the current capacity of the K1 Plant, which stands at 330 MWh per year. The company has already secured the land for the K2 Plant to achieve its target annual production capacity as quickly as possible. The K2 Plant will focus on producing H2’s three flagship VFB products: the EnerFLOWTM 500 series, optimized for 4-hour energy storage applications, and the EnerFLOWTM 600 series, engineered for applications lasting 8 hours or more. The EnerFLOW 600 series incorporates H2’s proprietary HYPERSTRUCTURETM technology, which significantly reduces system footprint. The first EnerFLOWTM 640 units are scheduled to be deployed in Spain’s largest 8.8 MWh VFB project, with installation planned for mid-2025. In addition to the EnerFLOWTM series, the plant will support the mass production of UL-certified, high-performance 5000-series VFB stacks based on H2’s proprietary design. These stacks are a key factor for success in the VFB industry. Dr. Shin Han, founder and CEO of H2, Inc. stated, "The successful bridge funding strongly validates H2’s commercial readiness in terms of product quality and mass production capability. The forthcoming K2 Plant will be a pivotal asset, enabling us to meet the growing global demand for sustainable long-duration energy storage solutions that enhance grid resilience and support renewable energy adoption" [Source link ](https://www.prnasia.com/story/archive/4600651_CN00651_0?rand=89749) ``` This content was prepared by our news partner, Cision PR Newswire. The opinions and the content published on this page are the author’s own and do not necessarily reflect the views of Siam News Network ``` ##### You May Also Like [](https://thailandbusinessnews.net/press-release/zicc-story-between-shaoxing-farmer-and-ancient-tree-shared-at-cop29/) ## ZICC: Story between Shaoxing farmer and ancient tree shared at COP29 BEIJING, Nov. 20, 2024 /PRNewswire/ — The 29th meeting of the Conference… - [CISION PRNewswire](https://thailandbusinessnews.net/author/cision/ "View all posts by CISION PRNewswire") - November 20, 2024 [](https://thailandbusinessnews.net/press-release/iceye-and-esri-australia-through-boustead-geospatial-partner-to-deliver-unprecedented-hazard-intelligence-across-australia-and-southeast-asia/) ![ICEYE and Esri Australia (through Boustead Geospatial) partner to deliver unprecedented hazard intelligence across Australia and Southeast Asia](https://i0.wp.com/mma.prnasia.com/media2/2832461/ICEYE_and_Esri_Australia.jpg?resize=260%2C140&ssl=1 "ICEYE and Esri Australia (through Boustead Geospatial) partner to deliver unprecedented hazard intelligence across Australia and Southeast Asia") - 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