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26 February 2021
ASX-listed battery storage company Redflow has flagged plans to take its home-grown zinc-bromine flow battery technology to the megawatt-hour scale, as it works towards kicking off production of its third generation of 10kWh ZBM batteries in the second half of 2021.
Redflow on Friday reported a loss of $2.9 million for the first half of FY21, a result the company said was at odds with progress made over the six-month period, including deployment of its largest single battery energy storage system in Australia.
The Brisbane-based company said it had delivered revenue of $431,000 for the half-year, down from $1.4 million for the same time period last year, a performance affected by delays in the conversion of sales opportunities due to Covid-19. ....

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