Australian battery company Redflow Limited (ASX: RFX) has named experienced technology executive Tim Harris as its new CEO to focus on the company’s growth and commercialisation.
Long-term Redflow executive Richard Aird returns to the role of Chief Operating Officer, a critical position that focuses his deep skills and experience with development of Redflow’s unique ZBM2 battery to ensure its successful production by the new factory in Thailand. Richard will continue his successful work in driving cost-downs, optimisations and quality improvements in the supply-chain and manufacturing process as the company prepares to ramp-up battery production during 2018.
Since last year’s strategic review, Redflow has transferred its manufacturing operations from North America to Thailand, where it is now successfully producing battery stacks - the critical component of its zinc-bromine flow batteries - and is on track to produce full batteries by June this year.
Tim Harris has extensive international business experience from the telecommunications sector - a key market for Redflow - where he was previously Chief Commercial Officer for Chorus in New Zealand and held senior leadership roles for BT Group in Singapore and the UK. More information about Tim is available at https://redflow.com/about-us/board-management/.
Redflow Chairman Brett Johnson said the company was now focussed on growth. “After a year of change, we are enormously grateful for Richard’s leadership to establish the new factory in Thailand, which is the foundation for our next phase of growth,” he said.
Australian battery company Redflow Limited (ASX: RFX) has completed the first ZBM2 batteries using battery stacks made by its new Thailand factory, which are now ready for shipment to customers.
The battery stack is the critical part of the Redflow ZBM2 zinc-bromine flow battery, with electrodes that charge the battery by depositing zinc on a membrane and discharge it by reversing that process.
At Redflow’s Brisbane headquarters, the Thai-made battery stacks were installed on existing ZBM2 battery ‘tank sets’ and connected to performance-testing equipment. After passing pre-delivery tests, these complete batteries are now scheduled for delivery to supply existing customer orders. Redflow will continue to assemble, test and deliver limited quantities of ZBM2 batteries with Thai-produced battery stacks until it starts end-to-end manufacturing and testing of complete batteries in Thailand by June.
Australian battery company Redflow Limited (ASX:RFX) has simplified using its batteries in large energy storage systems by integrating plug-and-play technology into its LSB (Large Scale Battery) reference platform.
Implemented in an LSB installed at Simon Hackett’s Base64 property in Adelaide, the new design incorporates six 12-kilowatt (kW) Victron Quattro 48/15000 battery inverter/chargers with 45 Redflow ZBM2 batteries. By implementing this improved design, the Base64 LSB will deliver an energy storage capacity of 450 kilowatt-hours (kWh).
The LSB Reference Platform is a container-sized deployment of Redflow batteries, which can operate as a single ‘virtual” battery to assist Redflow system integrators with designing and deploying larger energy storage systems. Base64 installed its original LSB in 2016, running it for about a year before undertaking the redesign process in conjunction with Redflow.
The redesigned LSB is installed at the back of Base64’s western carpark, beneath an innovative tree-like mounting system that ‘floats’ a 50 kilowatt peak (kWp) array of solar panels above staff and visitor cars. Base64 has an additional 20kWp of solar panels installed elsewhere in the precinct.
Base64 Managing Director Simon Hackett, who is a non-executive director of Redflow, described the Base64 energy system as a “fantastic learning experience”. “The system is built around a Redflow ZBM2 LSB battery system, which is charged by energy harvested from our solar array,” he said.