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Redflow marks a milestone by manufacturing complete batteries in Thailand

The company’s shares are trading about 9% higher intra-day, at 10 cents

Redflow battery installation in South Africa
Redflow battery installation in South Africa

Redflow Ltd (ASX:RFX) has marked an important milestone after manufacturing complete zinc-bromine batteries (ZBM2) at its new Thai manufacturing facility.

The company now has the capacity to consistently produce 90 ZBM2 batteries per month.

ZBM2 battery

These batteries are being shipped to customers in Australia and overseas with production volumes synchronised with customer demand.

Redflow chief executive officer Tim Harris said: “This achievement is underpinned by our ongoing focus on ensuring the consistent supply of quality batteries from this new facility.

“After rigorous qualification of our manufacturing process during the first half of 2018, we are very happy with the quality of these Thai-made batteries.

“We have already started shipping these complete batteries to customers in Australia and internationally and we look forward to scaling up production at a rate appropriate to market demand.

Focused on supplying key energy storage markets

Redflow’s 10 kilowatt-hour (kWh) zinc-bromine flow batteries are designed for demanding energy storage applications in the residential, commercial & industrial and telecommunications sectors.

Marketed as ZBM2 and ZCell, Redflow batteries can scale from a single battery installation through to grid-scale deployments.

Redflow, which sells its zinc-bromine flow batteries through an authorised partner network in Australia and internationally, is focussed on supplying key energy storage markets in Asia, Africa and Australasia.

Quick facts: RedFlow Ltd

Price: 0.025 AUD

ASX:RFX
Market: ASX
Market Cap: $22.91 m
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