Redflow

Redflow Logo

Redflow Limited, a publicly-listed Australian company (ASX: RFX), produces small 10kWh zinc-bromine flow batteries that tolerate daily hard work in harsh conditions. Marketed as ZCell and ZBM2, Redflow batteries are designed for high cycle-rate, long time-base stationary energy storage applications in the residential, commercial & industrial and telecommunications sectors, and are scalable from a single battery installation through to grid-scale deployments. Redflow batteries are sold, installed and maintained by an international network of energy system integrators. Redflow’s smart, self-protecting batteries offer unique advantages including secure remote management, 100 per cent daily depth of discharge, tolerance of high ambient temperatures, a simple recycling path, no propensity for thermal runaway and sustained energy delivery throughout their operating life.

 

New Redflow non-executive director Jenny MacdonaldNew Redflow non-executive director Jenny MacdonaldAustralian battery company Redflow Limited (ASX: RFX) has recruited senior financial executive and director Jenny Macdonald to its board as it prepares to start production in Thailand.

Sydney-based Ms Macdonald has extensive experience working for ASX-listed and global companies at the CFO and general management level. She is on the board and audit committee of API, the parent company of Priceline Pharmacy, Soul Pattinson Chemist and Pharmacist Advice. Previous roles include non-executive director for hipages and Fitted for Work; CFO and interim CEO at Helloworld Limited; and CFO and General Manager International with REA Group.

Earlier this year, the Redflow board appointed former Santos Managing Director and CEO David Knox as a non-executive director and experienced public company director and former Qantas general counsel Brett Johnson as its independent non-executive chairman.

Brett Johnson said recruiting Jenny Macdonald demonstrated the company’s commitment to continued board renewal. “Jenny brings a proven track record in formulating and implementing strategy and maximising the operational efficiency of a company,” he said.

Redflow CEO Richard Aird with ZBM2 batteriesRedflow CEO Richard Aird with ZBM2 batteriesAustralian battery company Redflow Limited has successfully started manufacturing core components for its zinc-bromine flow batteries at its new production facility in Thailand.

During the past week, Redflow began producing electrode inserts made of HDPE (High-Density Polyethylene) plastic on the production line at the factory in the Hemaraj industrial estate, south-east of Bangkok. The electrode inserts - produced from custom-made highly conductive plastic- use a bipolar design to enable a zinc-plating reaction on one side and a bromine reaction on the other.

Redflow CEO Richard Aird said production of the first components was going according to plan, as outlined last month at the company’s Annual General Meeting in Brisbane. “We remain on track to produce full battery stacks from our Thai factory next month,” he said.

Redflow Chairman Brett JohnsonRedflow Chairman Brett JohnsonAustralian battery company Redflow Limited will start manufacturing battery components at its new factory in Thailand next month, the company Chairman Brett Johnson told today’s 2017 Annual General Meeting in Brisbane.

“We are expecting to commence the initial manufacture of components for our electrode stacks during December and are on-track to have manufactured our first complete electrode stack by the end of January 2018,” Mr Johnson told shareholders at the AGM.

“These new stacks will be shipped to Brisbane where they will be installed on approximately 200 tank sets (without stacks) which were manufactured by Flex. These complete batteries will be tested and supplied to customers to meet existing and new orders.

“While our initial focus will be on the manufacture of stacks for these existing Flex tank sets, we will progressively validate high quality components and sub-assemblies until ultimately producing complete, fully tested batteries in our Thai factory. This milestone is planned for June 2018. We will then be able to ramp-up production in Thailand in line with customer demand. Once fully operational and orders warrant it, the manufacturing line should be able to manufacture up to 250 complete batteries a month.

“Should demand increase beyond that volume, the capital cost involved to establish a second manufacturing line is not problematic.”