(MENAFN- ProactiveInvestors - Australia) RedFlow (ASX:RFX) has received an initial order for 12 of its zinc-bromide battery modules(ZBMs) from a US conglomerate that is involved in the US defence industry.
The trials with this US conglomerate would involve the delivery of some 50 battery modules in the current financial year.
The 12 units will be supplied before end of this month.
A teaming agreement has been negotiated and is awaiting final internal approval from RedFlow's US partners.
RedFlow is a developer and manufacturer of zinc-bromide flow batteries and the standard 5 kilowatt/10kilowatt-hour zinc bromide battery is designed to be integrated into electricity storage systems for a range of stationary applications.
The ZBM's specific characteristics of daily deep charge and discharge capability make them ideal for storage of intermittent renewable energy, managing peak load on the grid as well as for supporting off-grid power systems.
RedFlow's ZBM battery is currently being evaluated by a number of companies for potential integration into electricity storage systems.
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