Australian redox flow battery manufacturer ramps up capacity

Allegro Energy, an Australian redox flow battery developer, aims to "rapidly accelerate" its manufacturing capacity after closing a AUD 17. 5 million ($11. 6 million) funding round that attracted major domestic and international investors. From pv magazine Australia Australian battery storage startup Allegro Energy has announced completion of a AUD 17. 5 million Series A funding round led by US-based venture capitalist The Grantham Foundation and Australian energy major Origin Energy. Allegro Energy Chief Executive Officer Thomas Nann said the funding round, which also included Australian investors ...

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