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 larger projects.
In March, it secured AUD 1.1 million ($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 AUD 20 million of United States government funding in June 2024 for a 6.6 MWh zinc-bromine flow battery energy storage system (BESS) and in July 2024,…
