RNS / last weeks rise well that explains the sharp change in share price.....
Re: On Radio 4 costing the Earth Podcast now online...[link]
On Radio 4 costing the Earth Show about Cornwall holiday site fitting RedT flow units and how they work.
Re: The competition .... Sorry !!!! sorry guys, obviously i meant Redt should get a move on !!!( But AFC are stuck in the same sort of "cant get going yet" mode !!! )SAGE
Re: The competition .... Thanks marcher, good points.........so, AFC had better get a move on then.....before Elon's battery banks get established as the norm.Users wont want to keep chopping and changing systems.SAGE
Re: The competition .... Sage,Check out this link showing comparison between vanadium redox flow batteries and lithium ion/lead acid batteries.[link] biggest difference appears to be the ability to cycle many times more than other technologies. They are not suitable for mobile applications where power density and compactness are desirable.marcher
Re: The competition .... Its all down to the type of battery These last a lot longer but are slow to give up power also what has not been pushed yet is that Redt is a lot greener have you seen the waste land that Lithium batteries leave in their production.
The competition .... HiCan anyone tell me what Redt are trying or proposing to dothat Tesla / Elon Musk are not already doing / able to do ?(ie, with massive storage schemes of solar /wind power in the latest Australian project ? )SAGE
Re: Alchemy projects "Come back (yes) in a couple of years (that may be too late)""Look at the market cap its way to high for this company with no sales"You need to take into account this company has two segments, one of which had 2016 turnover of Euro10.5m and a profit of not far short of Euro1m. That's subsidising the battery side for now and even at a lowly P/E of 10 accounts for about £8m of the market cap. Also sitting on £14.5m cash at 31st March. So a market cap around £43.3m doesn't look that outrageous to me.The next 12m will be very interesting, and should give a good pointer to where this company's going.All IMHO Artji
Re: Alchemy projects I am not surprised he is selling as share price is only going down. Look at the market cap its way to high for this company with no sales.Come back in a couple of years I would say.
Re: Alchemy projects FL9m of the shares were transferred so weren't traded on the stock exchange, and the answer to your question is in the RNS: "The transfer was enacted as the result of the dissolution of a historic business partnership, which has no connection to the past, present or future operations of redT energy plc."The other 2m were sold to cover costs of the transaction and dissolution of the partnership.Nothing to worry about here, me thinks.Artji
Alchemy projects [link] here is the selling pressure - John Ward sells 11 million shares for as low as 6p ps.QuWhy sell now?No mention of what his intention is with the remaining 13% = 86.4m shares.....
..... amazing...... ....so Redt , the specific storage of electricity technology company of the UK .........its sp is NOT responding the the Gov energy storage initiative news...........and the likes of Cadence, European Metals, ie re Lithium ARE respondingSAGE
RNS redT energy plc ("redT" or the "Company"Key Government Policies and £246m Investment to Support Vital Role of Energy Storage in UKredT energy plc (AIM:RED), the energy storage technology company, welcomes this morning's announcement from the Department for Business, Energy & industrial Strategy ("BEIS" concerning the launch of the £246m Faraday Challenge and the unveiling of the new Smart Systems and Flexibility Plan, jointly published by BEIS and Ofgem.The move will provide a welcome injection of funds into the UK's energy storage sector, through the Faraday Challenge, a coordinated programme of competitions, aimed at supporting world class research and innovation within the industry and assisting the 'scale-up' of new energy storage technologies. In tandem, the new Smart Systems and Flexibility Plan will introduce a raft of new measures designed to remove exisiting barriers to energy storage within the UK energy policy framework. This will include an explicit definition of storage as a sub-set of generation within policy terms, the removal of so-called 'double charging' for energy storage and a review of the existing electricity tariff structure, a move widely considered to further inventivise energy storage and flexibility within the UK.Today's announcement is an important step forward in creating a logical charging regime, harnessing the benefits of energy storage rather than penalising it - which is key to providing increased energy security in this market. Furthermore, redT sees these measures as a key development for the Company's own differentiated energy storage technology, further incentivising customers and creating a more attractive policy environment for widespread adoption of flow machines in the UK. This announcement is a strong statement of intent from the UK government and a key indicator that energy storage will form a core part of UK industrial and energy strategy moving forward.[link] Scott McGregor, CEO, commented:"We welcome today's announcement by the Department for Business, Energy and Industrial Strategy and believe the Faraday Challenge has the potential to be the catalyst the UK renewables market needs to ensure greater adoption of energy storage technologies. At a time when the UK grid is under increasing pressure, due to large scale power projects being taken offline, and the country's energy security is being called into question, it is vital that industrial-scale energy storage machines are looked at as a serious low cost way to decarbonise the UK economy and support the grid. We now see the UK as a strong economic market for redT's energy storage machines.The UK has an abundance of world leading talent and technological know-how when it comes to energy storage technologies, so the time to utilise this resource to provide low cost UK domestic energy security as well as build our technology manufacturing export sector is now.This is smart government policy embracing the technology competitive advantage the UK has in this sector to provide jobs and a high growth export market."SAGE
Re: Freebee SL,The RNS on 13th gives you your answer."redT's commercial pipeline by this stage of development is; Production and Deployment - 15 x tank unit modules*, 2017 Orders - 6 x tank unit modules*, Final stage of customer selection - EUR15.9m (265 x tank unit modules*) and active customer pipeline - EUR314m.""*redT tank unit module = the size of redT's liquid energy storage machines differ from large 20ft containers to small 6ft containers. In order to provide relative comparability across redT's product range, a uniform tank unit module metric is used. For example; a 20ft, 300 kWh system contains four 75kWh tank modules whereas a small 20kWh unit contains just one tank module."I assume modules will be priced differently, with bigger orders getting a reduced price per module, but Eur15.9m for 265 modules gives an average price of Eur60,000 per module.The chart, since the low in 2013, is very positive, although the last 6m doesn't suggest great things in the short term with the sp below the 200, 50 & 20 day moving averages. I hasten to add that I'm not an expert chartist. Still not invested here, but watching very closely.All IMHOArtji