Redflow enters voluntary administration after failing to secure funds – pv magazine International

Australian battery manufacturer Redflow has entered voluntary administration after failing to secure capital to upscale its X10 battery for larger projects. August 23, 2024 Ev Foley From pv magazine Australia Redflow, a Brisbane-based zinc-bromine flow battery producer, has entered into voluntary administration after failing to secure capital to scale up its X10 battery to target…

Scam company which claimed to sell hospitality packages to major sporting events is shut down | Insolvency Service

Company claimed to be able to provide cheap hospitality at events such as the Six Nations and Formula 1 races Prive Global Sports Ltd offered heavily discounted hospitality packages to businesses for in-demand sporting events  The company’s clients paid for packages which were later cancelled with no refunds provided  Customers have lost more than £600,000…

Queensland battery manufacturer Redflow enters voluntary administration – pv magazine Australia

Brisbane-headquartered battery manufacturer Redflow has entered voluntary administration after failing to secure capital needed to upscale its X10 battery for larger MWh projects. August 23, 2024 Ev Foley Brisbane-headquartered zinc-bromine flow battery producer Redflow has entered into voluntary administration after it was unable to attract capital to scale up its X10 battery to target larger…

Another Solar Company Goes Bust

One of the largest residential solar installers in the nation has abruptly shut its doors and filed for bankruptcy in the latest blow to a troubled industry.  Titan Solar, which installed thousands of systems across the U.S., informed its employees June 13 that it was “closing its doors,” having failed to secure a buyer for…

Hidden debt hurts economies. Better disclosure laws can help ease the pain – IMF

While these undisclosed obligations are not large when compared to global public debt topping $91 trillion, they pose a growing threat to low-income countries, already highly in debt with annual refinancing needs that have tripled in recent years. The problem is even more pressing amid higher interest rates and weaker economic growth. Accountability, too, is imperiled without accurate…