Redflow enters voluntary administration after failing to secure funds
- Admin
- Sep 6, 2024
- 1 min read
Redflow, a zinc-bromine flow battery producer based in Brisbane, has entered voluntary administration. The company failed to secure capital to scale up its X10 battery for larger projects despite obtaining funding from the Queensland Critical Minerals and Battery Technology Fund and the United States government. Redflow collaborated with Queensland-owned generation company Stanwell to develop a non-lithium long-duration BESS. The company's future is currently being determined by administrators from Deloitte.
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