Redflow

redflow logoRedflow Limited is an energy storage specialist that has developed the world’s smallest flow batteries. Redflow’s ZBM flow batteries are designed for a variety of power storage applications from residential, commercial and telecommunications to grid-scale deployments by utilities. Redflow is a publicly-listed company (ASX:RFX) that operates R&D facilities in Australia, as well as offices in the US and Europe. Produced in North America by Flex, one of the world’s largest largest supply chain solution companies, Redflow’s high energy density batteries are sold, installed and maintained by a global network of system integrators. For more about Redflow, visit www.redflow.com. For high resolution Redflow images, visit our Redflow photo gallery page.

Australian battery company Redflow Limited has applauded the South Australian government’s decision to invest $150 million in battery technology to support the State’s electricity grid.

Unveiling the State Government’s energy plan, SA Premier Jay Weatherill told a news conference that the private sector would build a 100 megawatt hour battery in South Australia before next summer, in a venture to be funded from a new $150 million renewable technology fund.

Redflow CEO Simon Hackett said the announcement was a great part of a tenable solution. “This clearly embraces our view that batteries are a vital part of the renewable energy revolution,” he said.

“As I’ve said previously, this sort of development is about demonstrating the capacity of renewables and energy storage to technically and affordably replace fossil fuels as a robust and reliable source of energy supply for the South Australian grid.

“We look forward to learning more details about the State Government’s proposal and to identifying how Redflow can add value to it.”

For media assistance, call John Harris on +61 8 8431 4000 or email john@impress.com.au.

 

 

Redflow CEO Simon HackettRedflow CEO Simon HackettAustralian battery company Redflow Limited has welcomed Tesla’s proposal to deploy a 100 megawatt hour (MWh) battery farm in South Australia to help solve the State’s power problems.

Redflow CEO Simon Hackett said Tesla’s ambitious pitch demonstrated the growing maturity of energy storage systems. “We believe that batteries have a integral role to play in the successful exploitation of renewable energy sources,” he said.

“Elon Musk’s promise to deploy 100 MWh of batteries for SA in 100 days is a big challenge, even for a US$40 billion company like Tesla. Redflow, which by contrast is a A$90 million company, is not configured to produce the required volume of batteries in the proposed timeframe.

“The issue here is not Redflow versus Tesla, it is about renewables and energy storage demonstrating their capacity to technically and affordably replace fossil fuels. I’d love to see a system of that scale running on the South Australian grid as soon as possible.”

For media assistance, call John Harris on +61 8 8431 4000 or email john@impress.com.au.

New Redflow board member David KnoxNew Redflow board member David KnoxAustralian energy storage specialist Redflow Limited has recruited former Santos Managing Director and CEO David Knox to its board of directors as the company starts a pivotal year.

As a non-executive director, Mr Knox will contribute valuable international business skills to Redflow from his eight years leading Santos and, before that, senior roles globally with BP, Shell and ARCO.

Mr Knox, who also sits on the board of CSIRO, said he was attracted by Redflow’s battery technology. “It has the potential to affect change in the way we use energy, both for individuals and families at home and also for small businesses and telcos,” he said.

“The beauty of this battery is it has a real role to play in stabilising our energy supply system as batteries become more widely used. We need to get much better at storing energy if we want to reduce our carbon footprint while continuing to provide affordable, reliable energy supplies.”