Redt Energy Share Discussion Threads

[zero the hero] 21/8/2018 10:32

Yet more publicity

[aishah] 21/8/2018 10:10

"Anglian deal is red letter day" read more about our deal with @AnglianWater in today's edition of @thetimes

[brucie5] 21/8/2018 08:34

Gerd, I don't believe the German deal is with the government, but anything to do with utility scale grid back up would be very likely to have to meet government requirements, and receive government's blessing. Nicht wahr?

[shavian] 21/8/2018 08:22

Parsons: Happy to admit I was over-pessimistic about the short-term prospects for RED. Scott's interview was very positive and the scope for follow-on orders from Anglian and other utilities is becoming clearer. This initial order adds a lot of credibility to the company. I had slimmed down my holding as we went below 10p so I had better start adding again. However I think this will be a long haul rather than an overnight sensation.

[gerd212] 21/8/2018 07:53

Well I do not believe a deal with the German government has been announced.

[parsons4] 21/8/2018 07:41

I must say that the interview with Scott is very positive. He seems much calmer and confident that he has been running at the right speed. A lot of people on here have been very critical of him being slow and bringing out loss making products. He has said all along "slowly catch a monkey" and I think he has been proved right. He has announced deals with the German government, Anglian Water and other household names. To all you non-believers (including Owenski) should you not now change your minds ??? I am in for the long haul and very happy with this company and management.

[pj84] 20/8/2018 23:10

tradermel just reposting your link as the last part didn't copy properly

[tradermel] 20/8/2018 22:04

Was this posted today? It was released after the RNS


Solar power, stored to Vanadium Batteries and optimised via software to maximise yield - great stuff

[dlg3] 20/8/2018 19:20

oh before I go, just because John Ward has a tie in agreement does not mean he can not sell, all he needs is Scott to give him the nod!!!

bye

[dlg3] 20/8/2018 19:17

Directors flooding in with buys !!!!!! oh forgot they only like free ones... the off-loader could well be John Ward.... or Anthony Bruce Millar , his sister used to be part of the nomad team a few years ago..

Time for bed 3am need to be up at 7am

[brucie5] 20/8/2018 17:48

Yes, the future does indeed look pretty good, even if the market ain't quite buying it... YET.

[alchemy] 20/8/2018 16:38

That podcast! Wow listen to it twice,,,,,installation this weekend in Aus, roll out in Botswana, no brainier cost reduction in U.K. water, mega German deal.....

[wakeland] 20/8/2018 15:52

Water industries biggest cost is power much more than staff. Many sites quite remote set on plenty of ground. There must be opportunities for this co. If they can reduce energy costs in the industry.

[brucie5] 20/8/2018 14:49

Yup. Huge groundswell of goodwill behind cos like REDT, if they can make their sums stack up.

[robow] 20/8/2018 14:46

RED even gets a mention in this mornings Guardian, towards the end of this article

Majority of UK public want to install solar panels, poll finds
More than 70% would make homes more energy efficient given government support

Adam Vaughan


Mon 20 Aug 2018 07.27 BST First published on Mon 20 Aug 2018 07.01 BST


More than half of the British public would install solar panels and home batteries to tackle climate change if there was greater assistance from the government, polling has found.

While many have already made their home more energy efficient, 62% said they wanted to fit solar and a surprisingly high 60% would buy an energy storage device such as .

An even greater number – 71% – would join a local energy scheme such as a community windfarm or solar panel collective, according to the YouGov survey.


The results run counter to the government’s approach to climate change and energy, which favours large-scale power generation such as nuclear plants and offshore windfarms.


Community energy projects have flatlined in the face of government subsidy cuts and tax changes, while incentives for household solar will expire next year without a replacement. There is no support for people considering a home battery.

James Thornton, CEO of environmental law group ClientEarth, which commissioned the research, said: “Government policy is plainly at odds with public sentiment – and its own ambition to tackle climate change – as far as our energy sources are concerned.

“People want to know more and take ownership of how they get their energy – that’s clearly demonstrated by the broad support in the poll for household solar and community energy schemes.”

Solar installers have told the Guardian that, increasingly, people are also opting for home batteries when they buy solar.

Energy storage is also making inroads at utility scale. On Monday, water company Anglian Water will announce it has bought a 300 kilowatt hour (kWh) storage system from UK-based firm redT, for use at a water treatment site alongside solar panels.


Solar was ranked the most popular of all energy sources in the ClientEarth survey, while gas was second worst behind coal.

More than two thirds (68%) thought the big six energy suppliers’ market dominance should be broken up to allow smaller clean energy firms to grow. Exactly half said they would move their pensions to avoid fossil fuel investments, a figure that rose to 59% for 18-34 year olds.

[brucie5] 20/8/2018 14:32

Yes indeed. Someone's been selling down large amounts of stock today by the looks of, and I can only think this must be a frustrated, impatient holder who's seizing the chance to get out/reduce while there's still a market! On a thin market, it can be difficult to sell down, as I have found in the past.

Zak Mir suggests this could run to 11p, and that was before today's RNS. VSA, of course, sticking to 22p.

[murdo mcsponge] 20/8/2018 14:31

THis isw becoming more and more believable. SMcG sounds more confident and credible than ever. IMHO either RedT is a thoroughly well positioned Company, with just the products the Market needs, or it's one of the all time great "cons". I don't believe the latter is the case. Everything I saw and heard at the AGM makes me think this story is for real.

[ts0mev] 20/8/2018 14:28

the relevance of hitting green targets through the combination of solar/wind/renewables and RedT energy storage solutions should be notable to others (including governments) whilst the impact on the bottom line through reducing energy costs should been seen as a valid argument for any company looking to invest in this solution.

[brucie5] 20/8/2018 14:23

Thanks Ttte, good to see Scott is not wasting time putting the message out there. The case for further water companies looks extremely compelling, with green targets for 2030 being enabled in half the time c/o RED.

[thomasthetank1] 20/8/2018 14:14

All - please see link below to an interview with redT energy CEO, Scott McGregor:

[ts0mev] 20/8/2018 14:13

very stable share price after the rise this morning.

[brucie5] 20/8/2018 14:02

Yup. Sorry.

Any thoughts on the software? Maybe it's been publicised elsewhere, as being part and parcel of REDT's proposition, but it seems an excellent partnership, if it is that, rather like outsourcing the manufacture to Jabil.

Now all they need is a client bank that truly understands the business model in Germany, and is willing to back them wherever the figures stack up.

[zero the hero] 20/8/2018 13:50

If you want it to appear as a link just manually replace the hxxps with https …. it is just a ADVFN anti spam thingy

[brucie5] 20/8/2018 13:48

Zero, thanks.

Particularly interesting to me is the way Open Energi's software is being integrated into the mix. A synergy of disruptive technologies.

hxxps://www.ashden.org/winners/open-energi


“This system will allow Anglian to harness more cheap solar on site and increase generation from 248kWp to 450kWp. Open Energi’s intelligent software means these assets can be flexibly managed to deliver the best possible outcome for businesses, cutting costs, creating revenue and making the most of renewable power generated on-site,” said RedT CEO Scott McGregor.
Jason Tucker, director of Alliances and Integrated Supply Chain at Anglian Water, suggested the project goes beyond co-location and to integration of the assets.
“Using RedT’s flexible energy storage infrastructure alongside Open Energi’s smart software will allow us to unlock more solar power, as well as allowing us to participate in grid services to further reduce our energy bills,” said Tucker. “Most importantly, this collaborative project will provide us with invaluable insight to support our future energy strategy, as one of the largest energy ‘prosumersR17; in the East of England.”