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The company has applied for around USD47.05m of cost share financial assistance to enable an investment of USD94.09m into ZBB's Zinc Bromide Advanced Flow Battery Energy Storage Manufacturing Facility.
ZBB would allocate a majority of the award (USD40.87m) for investment into its production-ready existing plant and a proposed new facility, with the remainder being invested in the existing operations of ZBB's strategic partners, Soft Switching Technologies Inc (USD2.72m) and Colonial Chemical Company (USD3.47m).
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