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 MWh scale projects.
In March, it had been awarded $1.1 million (USD 740,000) in funding from the Queensland Critical Minerals and Battery Technology Fund to develop and build a large scale version.
The company also secured $20 million of United States government funding in June 2024 for a 6.6 MWh zinc-bromine flow battery energy storage system…
