Australian battery company Redflow Limited has started installing battery production equipment at its new factory in Thailand, putting it on track to commence initial operation by the end of this year.
Through its Thai subsidiary, Redflow has signed a three-year lease on the 1500 sqm building at the Hemaraj Chonburi Industrial Estate, part of the IEAT free trade zone, 110km southeast of Bangkok and 25km from the Laem Chabang deep sea container port.
Redflow CEO Richard Aird recently visited Thailand to finalise the lease agreement with David Nadone, Chief Executive Officer and President of Hemaraj Land and Development Public Co Ltd, a subsidiary of WHA Corporation.
Redflow has also obtained all required Thai regulatory approvals to operate its factory within the free trade zone. This week Redflow has sent an engineering team from its Brisbane office to Thailand to assist its manufacturing partner MPTS with installing and commissioning the equipment.
ASX-listed Redflow manufactures the world’s smallest zinc-bromine flow batteries, marketing them as ZBM2batteries for commercial, industrial, telecommunications and grid-scale energy storage, and as ZCell for residential energy storage in Australia.