Looks like Redflow is back on track for a Dec quarter cash flow positive
There seems to be a bit of a back flip on this information from Shinehub web site
Shine Hub
Redflow’s flow battery technology features zinc-bromine chemistry, in contrast to the lithium ion batteries that are used in the vast majority of home battery storage systems. While the company hopes this unique design will offer advantages for certain types of off-grid applications like telecommunications installations, it has acknowledged that it won’t be able to compete in the mainstream residential market for the foreseeable future. Thus, Redflow doesn’t make sense for homeowners right now, even if you want to give an early-stage Aussie-made technology a go.
Redflow has made waves as an Australian pioneer in the nascent market for flow batteries. While its ZCell batteries are manufactured in North America, its R&D and corporate headquarters are in Brisbane, which helped Redflow draw substantial early interest from Australians looking to support a homegrown battery company. As noted above however, the company recently announced that it is reorienting its business away from the residential battery storage market to instead focus on niche applications that are a better fit for its technology.
Looks like we wasted 12 month on Zcells deployment
Shine hub is advertising Zcells as a option for installation
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