Redflow Limited, a publicly-listed Australian company (ASX: RFX), produces small 10kWh zinc-bromine flow batteries that tolerate daily hard work in harsh conditions. Redflow batteries are designed for high cycle-rate, long time-base stationary energy storage applications in the telecommunications, commercial & industrial and high-end residential 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.
Australian energy storage company Redflow Limited (ASX: RFX) is pleased to announce that it has today appointed technology expert and businessman John Lindsay to the board.
Mr Lindsay’s appointment is part of a strategy for Simon Hackett to transition to a newly-created role as System Integration Architect, to ensure Redflow continues to be at the forefront of integration technology. As part of this change in role, Mr Hackett will step down from the board at the AGM in November in order to focus on this part of the business.
At Mr Hackett’s request, he will be replaced on the board by Mr Lindsay, who has previously held senior technology leadership roles as CTO at ASX-listed company iiNet Limited, CTO at Internode and General Manager of Chariot Internet. Mr Lindsay, co-founder and director of jtwo solutions Pty Ltd, will bring his deep technology background to the business and has held board-level roles for several privately-owned companies.
Australian energy storage company Redflow Limited (ASX: RFX) reports it has completed a successful turnaround during 2017-18 and is focussed on growth in the current year.
In a letter to shareholders accompanying the company’s 2017-18 results, Redflow reports that the past year had seen the company successfully set up its wholly owned factory in Thailand, where it now produces its unique zinc-bromine flow batteries.
Chairman Brett Johnson said Redflow’s primary focus was on producing high-quality batteries to meet the commercial and technical requirements of its customers. “Redflow's priority is to maintain an efficient, high-quality manufacturing facility that, with increasing sales revenue, will progressively improve our gross profit margin,” he said.
Redflow’s ZBM2 zinc-bromine flow batteries have solved the problem of insufficient energy supply that was holding back a $4 million renovation of a heritage-listed building in central Adelaide.
After architectural firm Williams Burton Leopardi bought the derelict 1916 Darling Building, largely neglected since the 1960s, they learned that the planned peak energy demand for the renovated building would require more electricity than the local power grid could supply. The peak power draw during summer was calculated at 290 amps - whereas SA Power Networks could initially supply only 150 amps, although this was later revised upwards to 200 amps.
Williams Burton Leopardi director David Burton said many solutions were so expensive they would have made the renovated building commercially unviable. “We didn’t have the space in the building for a transformer; gas would cost us hundreds of thousands of dollars and ‘winging it’ was not an option,” he said.