Camco Clean Share Discussion Threads

[dr darkstar] 14/11/2015 23:26

Please go play your record somewhere else where it has merit

[maryhopkins] 13/11/2015 21:16

Why is STUCKOLOGIST talking to himself as per above four posts?BEWARE!STUCKOLOGIST is high and dry at 8.5p & is desperately ramping to dump on mugs buying in!THIS COMPANY IS WORTHLESS!!!!!YOU HAVE BEEN WARNED!!!

[tullynessle] 13/11/2015 20:59

Additional to Posts 7996 & 7997

Mr Ward's bio as provided in the List of Speakers is copied at the Extract below.

The last paragraph is interesting specifically, "....... (Mr Ward)....... also leads the R&D strand of the Company which deals with Vanadium Electrolyte Development."


To some extent it is easy to believe that REDT has completed its development and that commercialization is the only current activity.

IMO, the comment that: "(Mr Ward)....... and also leads the R&D strand of the Company which deals with Vanadium Electrolyte Development" indicates,

(1) that further development of the vanadium electrolyte is an ongoing process and,

(2) other "strands" of R & D development are also in process.

It is noted that the bio would have been supplied to the Conference Organizer, probably by Mr. Ward.


So, hopefully we can look forward to more developments in REDT products, perhaps in such "strands as, [guessing now] , design, capacities, applications, reliability etc. in the future.

[Apologies if I got a bit carried away]






Power 2020 Summit - Speakers

Extract:

John Ward, Co- Founder, REDT

"John has spent the past 15 years planning, developing, and financing renewable energy projects, both in a personal capacity and as a consultant.

During his time developing new wind energy projects, John identified a significant number of energy storage opportunities within the energy space. He has performed detailed economic appraisals of these opportunities which he now brings to REDT. He has also compiled the Sorne Hill Energy Storage report for SEAI, which was the first examination of the coupling of grid connected wind power and energy storage ever undertaken within the EU.

John is now involved in the deployment of the initial REDT systems, and also leads the R&D strand of the Company which deals with Vanadium Electrolyte Development."

[tullynessle] 13/11/2015 20:42

Additional to Post 7996

The entire Agenda is interesting - I have extracted the introduction to the "Innovation" section and the information about Mr Ward's presentation.

It would be good if the REDT Presentation was made available on the CCE website - specifically to learn more about the following, "each company will have 20 minutes to tell us how their product will make a difference in the energy world and maybe in the process, make them and their investors a lot of money!"





Power 2020 Summit - Agenda

Extract:

"2.00 INNOVATION SPOTLIGHT

The Innovation Spotlight session showcases solutions from innovative and inspiring companies at the forefront of energy innovation. The session is designed to encourage audience interaction and engagement as our up and coming companies demonstrate their offerings. Fast paced, each company will have 20 minutes to tell us how their product will make a difference in the energy world and maybe in the process, make them and their investors a lot of money!

[Company 1 - Open Utility]..........



[Company 2 - REDT]John Ward, Co-Founder, REDT

Hear how a new form of electricity storage technology developed by Irish company REDT could be the answer to one of the main barriers to widespread adoption of renewable energy sources - the need to provide costly reserve generation capacity for intermittent power sources such as wind and solar.



[Company 3 Surface Power HONE]...................

[tullynessle] 13/11/2015 20:25

See also Posts 7997 and 7998

John Ward, President of REDT Energy, was a speaker at the conference below.
(more details in the following Posts - )



Power 2020 Summit - Thursday, November 12, 2015 Carton House Hotel, Co.Kildare


Half way there: A lot done...lots more to do
November 12, 2015, Carton House Hotel

Ireland’s future energy policy will be the subject of debate in the coming months with the much-anticipated publication of the Energy White Paper this autumn. The White Paper will detail how Ireland intends to make the transition to low carbon energy use. Whilst we are half way to achieving our binding 2020 renewables targets, it’s acknowledged that the second half of our journey will be even more challenging.

Onshore wind for electricity generation has been at the centre of Ireland’s strategy to achieving our renewables targets. But, could our heavy reliance on wind energy blow us off course? Is there any time left for a shift in policy or is steady as she goes our only policy option? What about unlocking the potential for energy savings through energy efficiency initiatives? Or diversifying renewable energy sources? Or improving the use of renewable sources for heating?

As Ireland’s economy recovers strongly, are the right policies in place or are we in danger of failing to achieve our targets as economic recovery drives up power consumption

Website "Home" page continues......

[iantrader2] 13/11/2015 13:58

dlg3

Yes I do actually. 2016 not 2015 and they can't spell. Sloppy and it just makes you wonder how sloppy the research is surely?

[dlg3] 13/11/2015 13:21

shows confidence!!!! Jabil has agreed to provide a warranty guarantee in relation to the systems deployed globally.



While REDT has achieved initial sales with a 60kWh system and a 1.2MWh system being sold in 2013, the
Directors believe that the association with Jabil will accelerate the sales cycle for the REDT Battery. At
present the Directors believe that some 20 systems will be deployed with key customers early in 2015 with
potential for another 5,000 systems to be sold in the coming three years. In addition, the Directors expect
that if a material level of sales are achieved, the per KW cost to end users will decrease much quicker
through this manufacturing agreement than it otherwise would, given the significant investment which
would be required from REDT to manufacture and supply such a large number of batteries itself. In
addition, Jabil has agreed to provide a warranty guarantee in relation to the systems deployed globally.
The majority of revenue expected to be generated by REDT is through sales of units to end customers.

[dlg3] 13/11/2015 13:20

iantrader2 I do not care if they can not spell, if there are any truths in the 5000 figure, I do not think the spelling will matter....do you?????

Scott McGregor, Chief Executive Officer, Camco and Executive Chairman, REDT, said:

"We have taken a patient and quiet approach developing the REDT product. After a lengthy quality research and demonstration phase the REDT battery is now ready for commercialisation. Outsourcing our manufacturing, as a non-core skill, to such a credible and quality partner as Jabil will ensure we can commercialise a high quality REDT battery at large volumes which can meet the strong demand for storage."

[iantrader2] 13/11/2015 12:38

dlg3

That "Ind Report" above - can't get the year right and can't spell "quit"

Does not fill me with confidence!

[dlg3] 13/11/2015 12:27

gnnmartin yes that is correct....

[andrbea] 13/11/2015 12:24

"We would support Australia moving towards a market-based carbon trading scheme in the medium term. However, we understand the political realities of the current policy setting," she said.

full text:

CBA's Kelly Bayer Rosmarin says the bank would support a price on carbon in the 'medium term'.Photo: Brendon Thorne

By CLANCY YEATES
The Commonwealth Bank wants to ramp up its lending to renewable energy businesses, and has signalled it believes Australia should ultimately re-intstate a carbon price.

Group executive Kelly Bayer Rosmarin, who runs CBA's institutional bank, on Friday said CBA had "unlimited" appetite for lending to renewable energy, though she also highlighted the challenges banks faced in financing the sector.

As banks try to boost their green credentials, Ms Bayer Rosmarin also said CBA would support the introduction of a carbon emissions trading scheme in Australia in the "medium term," though she also acknowledged the "political realities" in what has been a contentious policy area.

Unlike some smaller lenders, CBA is not capping or restricting lending to carbon-intensive projects such as new coal mines. Nor is it setting a specific target for lending to renewable projects.

However, Ms Bayer Rosmarin argued it was subjecting its new lending to carbon-heavy projects to rigorous scrutiny, at the same time as it tried to accelerate its financing of green energy projects

"Our appetite for lending to the renewables sector is unlimited and we are actively seeking to grow our portfolio, as long as they are good, viable, commercially-backable projects, and they are bankable," she said at a Trans-Tasman Business Circle lunch in Sydney.

Ms Bayer Rosmarin also said the bank would hold a forum allowing people from the "cleantech" and "fintech" sectors to work together.

CBA has $1.64 billion in business lending exposure to renewable sector, and it has financed 180 renewable projects, half of which are in Australia.

"Our exposure to renewables is significantly larger than our exposure to coal, and our exposure to coal has been reducing over the last 10 years," she said.

Even so, a fact sheet published this year shows its exposure to coal ports and transport terminals is $1.7 billion – slightly more than its renewable exposure.

Despite its intention to lend more to renewable energy projects, Ms Bayer Rosmarin highlighted several complexities banks faced in lending to these businesses, including uncertainty over the businesses' future cash flows. One reason for this was the higher level of policy uncertainty in the renewable energy sector in Australia compared with overseas.

She said that in Europe emissions trading was not a political issue because it only made a small impact on electricity prices, and signalled the bank's support for an emissions trading scheme here.

"We would support Australia moving towards a market-based carbon trading scheme in the medium term. However, we understand the political realities of the current policy setting," she said.

CBA is one of the country's biggest lenders to fossil fuels – but in recent months it has won some support from environmental groups. Last week it supported action to limit global warming to 2 degrees, and in August it confirmed it was no longer an adviser to the company planning the vast Carmichael coal mine in Queensland.

[gnnmartin] 13/11/2015 11:58

I can't find the article to check my memory, but a few days ago IIRC I read that Elon Musk's battery storage offering that is not yet available had already taken $1 billion in orders. It is reassuringly expensive.

[dlg3] 12/11/2015 23:07

About $25-$40 billion worth of Indian battery business up for grabs over the next 7 years.

[dlg3] 12/11/2015 22:55

Camco Looks to Boost Renewables Backup Battery Sales (Ind. Report)
Camco Clean Energy
Date: 2014-07-02
Camco Clean Energy Plc (CCE), which quite the carbon market business in 2013 to concentrate on biogas and energy storage, reports that it may sell as many as 750 batteries for renewable energy storage in the next 18 months.The company claims to have received interest for 5,000 batteries from around the world and hopes to begin deliveries Q1 of 2015.
Prospective purchasers include telecommunications providers and mining companies with operations that are not on power grids

[dlg3] 12/11/2015 22:39

Australia’s Energy Storage Market to Reach 244MW by 2020

[dlg3] 12/11/2015 14:42

Camco Clean Energy (6.75p•) is developing a vanadium-based battery for power storage and will have several different size units in trials over the next six months: if these are as efficient as is predicted, the company will be transformed.

[justanothergoodinvestor] 12/11/2015 13:20

Mary - you`ve been saying this tosh since it started rising..how are you enjoying that CHL loss?

[huckle9] 12/11/2015 12:52

Mary Hopkins I hear you are high ad dry on CHL poor girl

[someuwin] 12/11/2015 08:14

The upcoming name change and new ticker (LSE:RED) will set this on a new upward trend.

Buy ahead of the change - imo.

[monty panesar] 11/11/2015 08:13

Thanks.Without a disposal it looks like cash will be getting tight.

[maryhopkins] 11/11/2015 08:13

Why is STUCKOLOGIST talking to himself as per above two posts?BEWARE!STUCKOLOGIST is high and dry at 8.5p & is desperately ramping to dump on mugs buying in!THIS COMPANY IS WORTHLESS!!!!!YOU HAVE BEEN WARNED!!!

[the stigologist] 10/11/2015 22:24

yes but the market for them isn't great right now but just passing off the debt for anything above zero will be a good move

pure play VC backed energy storage companies similar to RED are valued at $1bn+ in the US

huge upside here

[monty panesar] 10/11/2015 19:28

The technology is interesting but still in the pilot stage so early days yet. The next year is the key.

They also need to work through the legacy issues.As at the end of June they had €3.4 of free cash and spent €3.9m on Admin expenses in H1.They also have €13m of debt against the US biogas assets. In H1 they generated €618k of income from operating activities.They are possibly due $900k as a deferred/conditional payment by Dec 31st.

So while the REDT asset is their core business going forward what really matters to shareholders is how they extricate themselves from the legacy assets.

Stiggie do you you thing they will sell the US biogas asset soon?

[dlg3] 10/11/2015 18:52

yes from the 6th november...