Australian flow battery firm Redflow Limited has started installing equipment for a battery production line at its new factory in Thailand— putting the firm on track to launch initial operations in the country by the end of the year.
The announcement follows Redflow’s formation of a new entity— Redflow (Thailand) Limited— to create a base in the country to serve its Southeast Asia business.
UK-based energy storage firm redT said it has signed “initial” deals to supply 12 energy storage units using vanadium redox flow technology to firms in Europe and Southeast Asia.
This company declined to give details of the contracts, but said the deals pave the way for redT to potentially supply a total of more than 300 energy storage units in the regions.
Global battery giant Enersys has acquired a family of battery companies based in Southeast Asia. UTS Holdings and its subsidiaries including Battery Power International and IE Technologies, based in Singapore, are suppliers of motive and reserve power for the Asian markets.