Redflow enters voluntary administration after failing to secure funds

Australian battery manufacturer Redflow has entered voluntary administration after failing to secure capital to upscale its X10 battery for larger projects. From pv magazine Australia Redflow, a Brisbane-based zinc-bromine flow battery producer, has entered into voluntary administration after failing to secure capital to scale up its X10 battery to target larger projects. In March, it secured AUD 1. 1 million ($740,000) in funding from the Queensland Critical Minerals and Battery Technology Fund to develop and build a large-scale version. The company also secured AUD 20 million of United States ...

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