1. RedFlow defers expansion, cuts workforce, seeks investor

    RedFlow defers expansion, cuts workforce, seeks investor

    Australian energy storage group Redflow is scaling back in Australia after concluding that its sales forecasts for the next few years were too optimistic, and that major clients would require more time to test its products.  Redflow said its proposed manufacturing plant planned for Singapore with the international giant Jabil will be delayed, and it was also likely to seek a major strategic investor to help take its business forward.

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