AUSTIN, TX–(Marketwired – Sep 18, 2017) – ViZn Energy Systems Inc. (ViZn), a leading provider of utility scale energy storage systems, was named the top non-lithium ion (Li-ion) battery for grid storage by Navigant Research. The recently released report, Navigant Research Leaderboard: Non-Lithium Ion Batteries for Grid Storage, concluded that ViZn’s zinc-redox flow battery systems are in the best position to capitalize on the numerous weaknesses of Li-ion technology and capture a piece of the rapidly growing stationary storage industry.
“We’re thrilled that a highly respected research and consulting firm like Navigant has recognized the unique value proposition that our flow batteries provide to utilities and C&I facilities,” stated Ron Van Dell, CEO of ViZn Energy Systems. “They join an ever-expanding list of industry analysts, media, and most importantly customers that see the bankability of a flexible energy storage system that performs a greater mix of energy and power applications than other technologies on the market for 20 years and with non-toxic chemistry.”
The Navigant Research report ranked thirteen top non-lithium ion battery energy storage vendors based on the following criteria: vision, go-to-market strategy, partners, production strategy, technology, geographic reach, sales, marketing, and distribution, product performance, product quality and reliability, product portfolio, pricing, and staying power. ViZn’s systems stood out among the competing flow batteries, advanced lead-acid batteries, and zinc-based batteries as being best able to compete with Li-ion batteries for stationary energy storage market share and having the most well-established and comprehensive product portfolio.
“ViZn’s advantage in this market results from both the advantages of its technology and the ecosystem of partnerships it has developed. The operational flexibility of the company’s technology combined with the ability to reduce prices using low cost materials will be key as the market matures. ViZn has developed pre-configured products targeting multiple customer types including utility-scale, C&I, and remote/off-grid, along with partnerships to support its strategy in these markets,” said Alex Eller, energy research analyst at Navigant Research.
Recent Comments