RFX 0.00% 10.5¢ redflow limited

Redflow eyes US expansion and new battery storage products after record orders

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    “We received a Request for Information (RFI) from a large US listed corporate to become an approved supplier of flow batteries.

    “While the opportunity is at an early stage, if we are selected, it has the potential to be material. We are excited about the opportunity to leverage our success to sign further Megawatt Hour deals in the rapidly growing US energy storage market.”

    Redflow has developed a range of scalable zinc-bromine flow batteries, from 10kWh residential scale batteries, which can be combined to provide commercial and utility scale battery solutions.

    The company said that following the successful completion of $14.7 million in funding rounds through the last financial year, including a recently completed $9.7 million share placement, it would execute a global expansion strategy and continue the development of new products.

    https://reneweconomy.com.au/redflow-eyes-us-expansion-and-new-battery-storage-products-after-record-orders/

    This is starting to look much more promising.
 
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