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YourDC CEO Scott Hicks: "I decided that Redflow was the far superior option "Australian technology entrepreneur Scott Hicks has saved thousands of dollars a year in power costs at his riverside holiday house by adding solar panels and a Redflow ZCell zinc-bromine flow battery.

Mr Hicks, CEO of private data centre provider YourDC, bought the spacious house at Mannum, a Murray River town 84 kilometres east of Adelaide, as an accessible hideaway from the working week. The 10-year-old holiday house is on the banks of the Murray River, among gum trees and wildlife.

However, during his first year, Mr Hicks discovered this peaceful repose came a price - the high cost of electricity. “During the first year, we found that our power bills were huge,” he said. “Our usage peaked at the most expensive time of day because we had lots of air con running.” 

After researching solar panels and energy storage systems, Mr Hicks said Redflow’s ZCell zinc-bromine flow battery stood out. “I decided that Redflow was the far superior option out at Mannum where it’s a couple of degrees warmer than in the Adelaide metro area,” he said.

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Redflow Chairman Brett Johnson

Australian energy storage company Redflow Limited (ASX: RFX) today announced it will raise $18.1 million in equity capital to scale up battery production and to grow Australian and international sales.

The Brisbane-based company is raising the funds through a combination of a placement to new investors and a fully underwritten rights issue offered to all current shareholders.

Redflow Chairman Brett Johnson said Redflow had made significant progress in the past six months. “We’ve opened our new wholly-owned manufacturing facility in Thailand which is making quality battery stacks,” he said.

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Sam Mostyn with Pia Peterson WEvoke customer Sam Mostyn (left) with company founder Pia Peterson

Australia’s first chauffeur-driven Tesla service, Evoke, has surpassed more than one million kilometres of zero-emission motoring by transporting passengers in its electric vehicles.

In reaching this milestone, the Sydney-based company, founded by Pia Peterson in 2015, has offset more than 325,000 kilograms of carbon emissions and avoided burning 130,000 litres of petrol.

As well as keeping the air cleaner, Evoke’s achievement enables many of its corporate customers to claim emission reductions delivered by the sustainable transport service as Scope 3 carbon offsets.

Regular Evoke passenger Sam Mostyn, who sits on the boards of Virgin Australia, Transurban Group, Mirvac, Citibank Australia, the Climate Council and ClimateWorks Australia, said she was delighted to support Evoke from its early days. “Pia Peterson and her team combine exceptional customer focus with a commitment to zero-emission transport,” she said.

More News...

  1. Redflow board pleased by Thai factory progress (29 March 2018)
  2. Redflow recruits new skills for next phase of growth (27 March 2018)
  3. First Redflow Thai-stack batteries ready for customers (13 March 2018)
  4. Redflow simplifies Large Scale Battery design (20 February 2018)
  5. Accelerated’s Band 28 4G Router Beats NBN Blues (12 February 2018)
  6. Redflow’s first Thai battery stacks arrive in Brisbane (07 February 2018)
  7. Mossel Bay goes carbon neutral with Redflow (31 January 2018)
  8. Redflow produces first battery stacks in Thailand (23 January 2018)
  9. Redflow continues board renewal (22 December 2017)
  10. NBN problems help NPS win Accelerated award (20 December 2017)
  11. Redflow makes first battery components in Thailand (19 December 2017)
  12. Global boom for SA’s smartphone security app (12 December 2017)
  13. Redflow reveals Thai battery production timeline (24 November 2017)
  14. Launch of the book Yvonne was never going to write (20 November 2017)
  15. Redflow aims for 250 batteries/month from Thailand (06 November 2017)
  16. Centrify reveals seven steps to slash data risk (01 November 2017)
  17. QLD home sets Redflow residential record (30 October 2017)
  18. Redflow starts installing battery line in Thai factory (26 October 2017)
  19. Calvert eyes vivid future through takeover (23 October 2017)
  20. Victorian couple live off-grid dream with ZCell (12 October 2017)