Redflow Limited (AU:RFX) has released an update.
Redflow Limited has joined forces with Stanwell Corporation, Queensland’s leading energy producer, to advance clean energy storage solutions. The two companies have signed an MOU to explore the potential of Redflow’s X10 battery in a 400 MWh project, which could underpin a new Queensland battery manufacturing facility. This partnership aims to support the Queensland Government’s renewable energy goals and stimulate local job creation and investment.
For further insights into AU:RFX stock, check out TipRanks’ Stock Analysis page.