Redt Energy Share Discussion Threads

[dlg3] 06/1/2017 11:17

yes dogrunner1 11p on the way.......

[dogrunner11] 06/1/2017 11:16

Back to mid teens next week at this rate

[dlg3] 06/1/2017 11:16

Scott McGregor, CEO of redT said,

"The approval of grid connection is a major milestone for redT energy. Progressing a new technology from prototype to commercial deployment in live applications can often present integration difficulties. We are delighted to complete the connection and certification process.

"We are likewise pleased to have demonstrated to our UK and international customers the redT energy storage system can be readily coupled with renewable generation and connected to the grid. We look forward to updating further as we continue to build momentum."

[dogrunner11] 06/1/2017 11:16

10.75p paid

[dlg3] 06/1/2017 11:15

redT (AIM: RED.L), the energy storage technology company, is pleased to announce that its first manufactured unit is approved for connection to the UK grid and that units will receive the CE mark, enabling EU wide distribution. The 40kWh unit delivered to redT's Wokingham development centre is now grid tied, charging from and discharging into the distribution network.

This marks an important step for redT moving from demonstration of prototype units to installation of independently manufactured products ready for customer use.

[dlg3] 06/1/2017 11:13

strong words from the CEO of REDT Scott Mcgregor...... E.ON and we are confident in its further development.

Scott McGregor, CEO of redT, added: "This installation will showcase how energy storage can add value through 'revenue stacking' of multiple services for a wide range of stakeholders. The theme of 'distributed energy storage' is an area that has been embraced by leading utility companies such as E.ON and we are confident in its further development.

[dlg3] 06/1/2017 11:10

redT energy plc, the energy storage technology company, is pleased to announce that E.ON, one of Europe's leading energy suppliers, has chosen to install one of redT's Vanadium Redox Flow Batteries at the headquarters of warehousing and logistics company JB Wheaton in Chard, Somerset.

The 5kW, 40kWh demonstration system will work alongside JB Wheaton's 3.5MW solar panel arrays and is designed to help smooth out the peaks and troughs of the company's energy demand. The energy storage system should allow JB Wheaton to make best use of the solar panels when they are generating more energy than can be consumed on-site and can also store power from the grid at times of cheaper prices and low demand. The agreement is part of a research project looking to overcome the challenges of commercial and industrial-scale energy storage.

[dlg3] 06/1/2017 11:09

Scott McGregor, CEO, redT energy commented:

"This successful pre-testing of redT's energy storage system not only marks a significant moment in the company's development, but also for the broader industrial energy storage market. The deployment of this machine to the Isle of Gigha is ground breaking as far as it is represents the first time that contract manufacturing of a large commodity unit such as this has been successfully deployed ahead of commercial production globally. This important milestone highlights how redT is well placed to build upon its leading position in the market for large scale, long-life and robust energy storage solutions."

[dlg3] 06/1/2017 11:07

redT energy plc, the energy storage technology company, is pleased to announce the successful conclusion of G59 pre-testing of its 15kW-240kWh energy storage machines, currently located at the Power Networks Demonstration Centre ("PNDC") in Cumbernauld, Scotland.

The testing programme was conducted by Scottish and Southern Energy plc ("SSE") at PNDC, and focussed on the ability of the units to be safely implemented on the Isle of Gigha. Having completed this phase, redT will now begin the process of installing and commissioning the system on the island. Once installed, in-situ testing can then take place and once this stage has been completed, the 1.68MWh system can be fully commissioned on the island's grid where it will be used to manage grid constraints associated with four community owned wind turbines.

These redT energy storage machines are the first contract manufactured, containerised, large scale vanadium flow machines that have been deployed globally and this represents an important step towards cost efficient, industrial scale energy storage. Technology such as this enables the full potential of renewable energy to be unlocked at all times, using a machine that will not degrade like conventional batteries, and will last the lifetime of a wind or solar farm.

[dlg3] 06/1/2017 11:05

the MM,s struggling to keep the lid on this, lots of buys to be reported yet...I dont know why they just dont report straight away!!!! I wonder how many shorts are burning???

[dlg3] 06/1/2017 10:57

” The Jabil tie-up, which is a long term collaboration, is an interesting one in that it provides third party validation of the technology. It also reveals the ambition of both sides as the US firm will be looking to mass produce units for sale around the world – so obviously believes REDT has legs. “Interestingly, they found us,” said McGregor. “Jabil had a team searching storage globally because they wanted to get into the market. They decided they wanted to go into flow batteries. “After carrying out due diligence on number of companies they decided to go with us.”

[dlg3] 06/1/2017 10:56

thank you for the reminder dogrunner11, it has not been the best of years for trouty, maybe he could recoup some of his losses by re-investing here.....

[dlg3] 06/1/2017 10:54

looks like the next step up is fast approaching,,,,,will we see large scale buying prior to the weekend.....I mean who would want to be out over the weekend???

[dogrunner11] 06/1/2017 10:54

Don't forget his 60% loss on REAC

[dlg3] 06/1/2017 10:53

thats what I like to see sells at 10.45p......

[dlg3] 06/1/2017 10:52

fear not though trouty will be back here to throw his rattle out of his pram....

[dlg3] 06/1/2017 10:50

and trouty, well!!! the answer is in the username trout is out...(troutisout) last seen scrambling around on the TERN thread trying to rocover his 50% loss since selling here...last year....

[dlg3] 06/1/2017 10:46

no trouty, 12bn and fronby are quite sad!!!!!

fronby last seen throwing himself of the fery pier on Gigha!!! poor chap...

12bn franticly searching down the back of the sofa trying to find another 12p to buy 1 more share...

[dogrunner11] 06/1/2017 10:44

Not everyone, someone's lost his shed!!!!

[dlg3] 06/1/2017 10:43

REDT are at the forefront of flow battery technology........they will be leaders in their technology for energy storage...

[fieldhouse] 06/1/2017 10:42

Everyone happy ??

[dlg3] 06/1/2017 10:41

someuwin 2 important bits in my last post "MASS PRODUCE" "AROUND THE WORLD" Jabil have some 103 manufacturing locations around the world!!!

[dlg3] 06/1/2017 10:39

dogrunner11 his is a very important line, remember this!!!

"the US firm (jabil) will be looking to mass produce units for sale around the world"

[someuwin] 06/1/2017 10:39

Peeps can't afford to wait for a pullback before buying in imo.

The upwards force is too strong.