Redflow cost per kWh drops 40% as energy throughput doubles (ProactiveInvestors)

RedFlow’s (ASX:RFX) market leading zinc-bromide flow batteries are now available in commercial quantities following completion of the transition of manufacturing to Flextronics.

Supply chain transition had been completed and Flextronics (NASDAQ:FLEX) – a US$6.8 billion market cap. – has provided competitive turnkey pricing with effect from 1st March 2015 which the company has accepted.

It is now able to confidently move forward with their product offering knowing that quality, consistency and professionalism in manufacturing has been established to proven international standards and is cost competitive.

Commercial quantities are now available and volumes will continue to increase over coming months.

The company will also introduce two new products from late April 2015.

The energy storage and delivery cost over the useful life of these two new products decreases very significantly from the current ZBM… read more (via ProactiveInvestors)

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