A small UK public company RedT Energy, which has its own Vanadian Flow grid-scale battery design, is reaching out to the public markets to balance its finances after making another significant loss. RedT seems to have plenty of orders in its pipeline, citing a weighted pipeline worth £145 million, with £32 million all ready to go to development, but it is on the verge of running out of money, and has now planned a further placement and a rights issue. In the second half of last year RedT lost £5.8 million and as a result has laid off 23% of its staff and its shares remain in freefall, falling as low as £1.35, from a £10.60 high. The company began…