Redflow’s optimism despite recent revenue delays pays off
Redflow has won a significant order of its ZBM2 zinc-bromine flow batteries for mobile phone tower sites across South Africa in a deal which should see the Australian energy storage company receive revenue this calendar year.
Redflow reports low quarterly revenue amid customer delays
While it has seen growing market acceptance of its zinc-bromine flow battery technology in the past 12 months, Redflow has reported a slowdown in delivery of batteries with cash receipts of only $74,000 received in the FY2019 final quarter.
Redflow batteries power remote Thai village
The Brisbane-based battery supplier has deployed 10 of its zinc-bromine flow batteries coupled with three li-ion batteries to store solar generated power in a far-flung village in northern Thailand.
Redflow to ramp up production in Thailand
Wrapping up the year in which it established its wholly-owned manufacturing facility in Thailand, the Brisbane-based battery supplier says it is negotiating contracts with a number of customers, sharpening its focus on key target markets in Australasia, Asia Pacific and South Africa.
