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.
Australian energy storage specialist Redflow has advised the country’s beleaguered mining companies to deploy renewable energy with on-site power storage to cut energy costs at remote mine sites.
As iron ore and coal prices have halved while metals such as copper and aluminium fell to near six-year lows, miners are increasingly looking for ways to maintain their profitability or even viability.
Redflow is an Australian Stock Exchange-listed company (ASX:RFX) that has developed and commercialised innovative Zinc-Bromide Modules (ZBMs) flow batteries that can be used everywhere from individual homes to grid-scale storage applications.
Redflow CEO Stuart Smith said that embracing renewable energy coupled with energy storage could assist miners to drive down the cost of their energy expenditure. “Despite mining’s current decline, Australia will remain a major supplier of coal, iron ore and metals well into the future,” he said.
ASX-listed power storage specialist Redflow Ltd today announces it will deliver its innovative batteries for residential and small business energy storage systems by early 2016.
While still pursuing telco sector opportunities, Redflow is developing a companion Battery Management System (BMS) to simplify installing and managing its batteries at smaller sites.
Development of the BMS will be guided by newly elected Redflow Chairman Simon Hackett, with the first version of this device expected to hit the market early in the first quarter of 2016.
Redflow made these announcements today in a statement to the Australian Stock Exchange that outlined a number of initiatives to address longer than expected sales cycles.
Simon Hackett said the decisions announced today would expand the market segments addressed by Redflow at just the right time. “The residential and SME markets are currently hot sectors for power storage which Redflow is well equipped to supply,” he said.
FRIDAY HARBOR, Washington – June 5, 2015: Strategic News Service (SNS) is proud to announce that Redflow has been selected as a 2015 FiReStarter company to be featured at the 13th annual Future in Review (FiRe) conference.
Described by The Economist as “the best technology conference in the world,” FiRe features global thought leaders in technology and the global economy, including Elon Musk, Craig Venter, Michael Dell, Vint Cerf, Leroy Hood, Patti Grace Smith, Mark Hurd, Paul Jacobs, and many others.
FiReStarters are selected based on the strength of their innovations and their potential to bring positive change to the world, and are showcased at an exclusive investor reception at the FiRe conference, in panels throughout the event, and with ongoing relationships introduced and supported by SNS.
Redflow’s 5kW continuous/11kWh zinc-bromide battery module (ZBM) is designed to be integrated into electricity storage systems for a range of stationary applications.