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.
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.
Australian battery technology leader Redflow has welcomed Tesla’s arrival to the advanced energy storage sector, after the US company recently announced its Lithium-ion based battery modules.
Redflow CEO Stuart Smith said attention generated by Tesla’s announcement actually assisted Redflow. “This announcement has raised the public profile of affordable energy storage as a disruptive technology that enables renewable generation sources to reduce reliance on fossil fuels, increase distributed generation and deliver energy independence,” he said in a statement to the Australian Stock Exchange. Read the full statement here.
“The increased interest in energy storage and generation technology, and the opportunities this presents, is both timely and appropriate.”