sage in the hills
11 Oct 2017
New Marketing initiatives .....Chip ....very good points.re " This vid on the iii news list is better: [link] the 10% return for ever bit that I liked. Quite a good ROI given that it maximises the benefit of you solar panels. Pity they don't do a small one, because its durability is evidently an attraction - 20 to 30 years. Powerwalls come with a 10-year warranty."SAGE
Chip_Scashtin
11 Oct 2017
Re: On Countryfile last night The Countryfile piece is not that great. Starts at 29 minutes.[link] The woman is quite negative, doesn't really get the point and Scott McGregor doesn't get his point over very well -- that efficient storage will allow us to maximise the return on alternative energy uses.This vid on the iii news list is better: [link] the 10% return for ever bit that I liked. Quite a good ROI given that it maximises the benefit of you solar panels. Pity they don't do a small one, because its durability is evidently an attraction - 20 to 30 years. Powerwalls come with a 10-year warranty.
dunekiller
09 Oct 2017
On Countryfile last night More publicity on the program with interview of Scott McGregor at the Cornwall site can be watched on iplayer only about 4 mins but every bit helps. Thankyou BBC
weeshyte
06 Oct 2017
Re: Sales... Me too, for the first time,, next month, congrats too.But I'm hanging on to mine in redt for the wee one ?
winningstreak
06 Oct 2017
Re: Sales... Sage - Your sons problem, he is responsible, not you.Congratulations just the same!ws
sage in the hills
05 Oct 2017
Re: Sales... ......My son phoned me on Sunday to tell me i am going to be a Granddad...........does that mean i have to sell my Redt holding now ? .......(Professional adviser required please )SAGE
winningstreak
05 Oct 2017
Sales... Just a couple more sale-announcements could push the shareprice rapidly to 20p I feel. Fingers crossed. Not for grannies,but well worth a punt, in my view.ws
winningstreak
03 Oct 2017
Re: Exciting... I have been cynical about RED in the past, I just could not see the Companymaking profits. However, after the two recent announcements of sales, it isnow starting to look different. The RED electricity storage system appears to attract international interest, and clearly the market for storage systemsis immense, growing exponentially by the day. I can see RED becoming a juicy target for a large hard-nosed commercial outfit that can hit the market full-blast and reap the profits that potentially are here to be made.Meantime RED will continue to make inroads, laying the foundations fora potential explosion in sales growth. From pessimist to optimist, my view on RED has certainly changed.IMHO,ws
sage in the hills
03 Oct 2017
Re: RNS ...the content... 3 October 2017redT energy plc ("redT" or the "Company"
Sale of 1MWh hybrid system as redT enters Australian marketredT to supply first vanadium flow/lithium hybrid energy storage solution to Australia redT energy plc (AIM:RED), the energy storage technology company, is pleased to announce the sale of a 300kW 1MWh hybrid energy storage system for Monash University in Melbourne, Australia. This is the first time a vanadium flow / lithium hybrid energy storage system has been deployed in Australia and marks redT's entry into the burgeoning Australian market for energy storage which we currently estimate at between AUD $20-30bn, up to 2030. The system, which comprises 900kWh of redT flow machines coupled with a 120kW C1-rated lithium battery, will be deployed as an active energy storage infrastructure asset at the University's new 11,400 m2 Biomedical Learning and Teaching building, which will house state-of-the-art biomedical research laboratories over 4 floors. Coupled with on-site solar PV assets, the system will be used to maximise the university's utilisation of renewable energy to significantly reduce energy costs for campus buildings. This will generate significant savings for the site and also open up potential new revenue streams, in the form of both contracted and merchant grid services in the future. The system will be used as a 'flexible platform' and will become part of the "Monash Microgrid", in partnership with Monash Energy Materials and Systems Institute (MEMSI). The project aims to integrate distributed renewables on Monash's campuses to increase reliability and stability within the local grid and in the future, allow for innovative, market based peer-to-peer energy trading. combining redT's vanadium flow machines with lithium batteries, the individual strengths of the two complementary technologies can be harnessed and provide a complete and financially robust energy storage solution. Whilst lithium batteries are able to deliver high power requirements, they can only be used for short periods and their usage must be carefully managed, due to their short life span. Flow machines, by comparison, address the weaknesses of Lithium batteries. Flow machines have electrolyte that never degrades and are therefore well suited to high-energy applications over many hours, like 'solar firming', which involve heavy daily cycling. Combined, the flow machine can act as the 'workhorse', doing ~80% of the work each day, whilst the lithium element can be used infrequently to provide the final ~20% of the power requirements. taking this approach, both technologies can be used in harmony to provide customers with the the lowest cost and best technical solution which satisfies all customer's needs. Scott McGregor, CEO, redT energy commented: "We are very proud to announce the sale of our first hybrid energy storage system as part of the operating infrastruce of a high energy use building. Monash University is one of the worlds leading Universities with over 70,000 students and 11 campuses across the world. This project demonstrates "Energy storage" Flow machines integrated with "Power storage" Lithium batteries to meet the full range of customer requirments. The Australian market has recently embraced Lithium batteries as a very useful "Power" intensive technology, suitable for high power applications and infrequent use as these batteries degrade and cannot be cycled intensively. contrast, flow machines are the most suitable technology for frequent daily use for many hours at a time. combining these technologies, the customer gets a long term energy infrastructure solution which best matches their requirement for low cost, secure and clean energy. We believe that hybrid energy storage solutions such as this are a major development for the energy market as a whole and we are pleased to be at the forefront of this, launching this important project in Australia, one of the f
sage in the hills
03 Oct 2017
RNS ...the content...v well explained This is a ground breaking step, i feel.Could, or should, move very quickly from here.SAGE
winningstreak
03 Oct 2017
Exciting... Exciting news. Today's RNS clearly tells us that RED is making good progress in becoming a global provider of compact energy storage systems.IMO,ws
dunekiller
29 Sep 2017
Re: Revenue from sales I did get in touch as I was looking for offgrid costs and got this back for single house unit.The price of the 5kW-20kWh is ~£21,500 ex works. I also thought it would have jumped more after presentation as a few large orders in pipeline just waiting for final confirmation.
leftback
29 Sep 2017
Revenue from sales Does anyone know how much revenue is created by the sale of a system? It would be interesting to know what revenue the 14 systems sold to Africa represent. The units appear to be modular at either 40kW or 75kW in capacity. I cannot find any clear reference anywhere to sales prices, the best I can do is calculate that a 40kW system might sell for around €80,000. I am aware that this information will be commercially sensitive but I am sure that RedT competitors already have a better handle on these numbers than we do.
winningstreak
27 Sep 2017
H1 Results As expected, serious money invested in laying foundations for future growth. Recent announcement of sales (post H1)signals that investment is beginning to pay off. We now need a few more sales announcements for the share priceto take a leap north. We live in hope, the potential here looks exciting. ws
Nice to Michu
25 Sep 2017
Re: Great news RNSs I bought some more this morning.. the announced sales are commercial progress.. so my hope has racheted up a bit off the back.. but too early to have real confidence that redt is on a winner here yet, for me.. a few more meaninhful contract announcements required to start going ther
