Redt Energy Share Discussion Threads

[anderson3] 24/4/2017 08:32

Nice run upto 14p is doable, short term

[dr darkstar] 24/4/2017 08:22

Spread over several years, its still a very big driver to top line

[alchemy] 24/4/2017 08:10

Results look back . They could be the "worst" we ever have. That is if the qualified leads convert reasonably quickly .But medium term? 15 months surel we're in great shape.

[fieldhouse] 24/4/2017 08:05

Interesting.That would be some order.!!

[dr darkstar] 24/4/2017 08:01

'Letter of Intent: Signed with a UK energy project developer with potential 490MW of grid connected sites '

That's a lot of potential units. Anyone any serious idea who this is?

[alchemy] 24/4/2017 07:47

They know how to qualify. Wow. Won't be AiM forever.

[tradermel] 24/4/2017 07:33

Todays RNS looks pretty good with cash burn relatively low considering they are mid transformation to being able to sell these units. Nicely set up with enough money to run the year ahead with no worries and plenty of opportunity.

[ianous] 24/4/2017 07:31

In Q4 2016 redT's pipeline of unqualified global customer interest totalled $263m. Following strategic assessment by the management and commercial team, the Company has mined this pipeline and identified an initial sales segment of qualified, deliverable projects in which redT are fully engaged, with the aim of closing orders in the short to medium term.

[apsoo] 24/4/2017 07:23

Sales pipeline growing too!
Looking very promising!

[iglenn] 24/4/2017 07:16

Interesting titbit in the results: Final Stage of Customer Selection: EUR6.5m [25 x 60kW-300kWh & 1 x 5kW-20kWh (equivalent to 101 x redT tank unit modules)]

[netcurtains] 24/4/2017 06:43

I'll have a look - cheers

[dogrunner11] 23/4/2017 22:27

You'd need register, details on RNS!

They send you details after you register BTW

[netcurtains] 23/4/2017 22:13

dogrunner: If you give me the phone number for "tomorrow's call" I'll try ringing it and will give you notes as to what the person at the other end says..
Hope that helps.

[dogrunner11] 23/4/2017 22:04

Anyone participating in tomorrow's call? Can you share notes???!!! Can't make it

[anderson3] 23/4/2017 18:49

RedT energy has signed an agreement with the old house,a working farm and holiday site in Cornwall, to supply six of its energy storage machines, which will deliver 1.08Mwh
Support the local grid and take part in Centrica's developing virtual energy marketplace.
The installed vanadium redox storage systems will be coupled alongside two grid-connected solar arrays and will be used to channel excess solar generation during the day for use during peak times when electricity prices from the grid are more expensive.The project is financially backed by centric a, which will work to make sure the batteries work effectively with solar array. It's estimated the old house will reduce grid imports by half during peak times.The energy storage machines were originally to be installed on the Isle of Gigha. With solar generation common place in Cornwall, the site could eventually generate commercial sales for other projects in the country and beyond.BUY.

[alchemy] 22/4/2017 17:42

I am really looking forward to this next week of trading. And info. Long haul ahead but clues keep revealing themselves.

[alchemy] 22/4/2017 07:42

First coal-free day in Britain since Industrial RevolutionSave wind and solar and we'll, Voila.We were scrabbling for coal with bare hands in 1947 .http://www.bbc.co.uk/news/uk-39675418

[anderson3] 21/4/2017 23:32

Nice tip in the IC today

[dogrunner11] 21/4/2017 20:17

Business Secretary announces Industrial Strategy Challenge Fund investments

21 April 2017

Business Secretary Greg Clark announces the Industrial Strategy Challenge Fund, committing over £1 billion over the next 4 years.

Funding will focus on 6 key areas:

- healthcare and medicine
- robotics and artificial intelligence
- batteries for clean and flexible energy storage
- self-driving vehicles
- manufacturing and materials of the future
- satellites and space technology

Government has committed to increasing investment in research and development by £4.7 billion over the next 4 years. The extra £2 billion per year by 2020 to 2021 is the biggest increase in total government R&D investment since records began in 1979.

[dogrunner11] 21/4/2017 20:16

Starting at $500kWh.

[dogrunner11] 21/4/2017 20:16

The company’s flow machines contain a number of 5 kW stacks, depending on the power output requirements of the system. These stacks contain a permeable ion-exchange membrane, which allows the electrochemical redox reaction to take place.

The machines also contain tanks, which hold the electrolysing liquid ands are sized according to the capacity requirements of the application. “The ability to size power and energy requirements independently of each other is a unique benefit of redT’s technology,” McGregor asserted.

Vanadium electrolyte from the positive tank is pumped through the positive side of the stack, and vanadium electrolyte from the negative tank is pumped through the negative side of the stack.

The vanadium ions in the positive half-cell lose an electron, which is then transferred to the vanadium ions in the negative half-cell, thereby causing the reversible chemical reaction known as redox to take place and enabling the system to charge.

When the process is reversed, the system discharges, causing electrical current to flow.

[dogrunner11] 21/4/2017 20:15

Containerised liquid-energy storage machines, or flow machines, coupled with solar photovoltaic (PV) power generation, could provide Africa with the most cost- effective and energy efficient off-grid electricity generation solution, says UK-based energy storage solutions company redT CEO Scott McGregor.

Speaking on the sidelines of the Electricity & Power World Africa conference, which took place earlier this month in Sandton, McGregor highlighted that one of the greatest benefits of flow machines were their ability to store energy, which would discharge for more than 12 hours and “into the day’s range”.

This represents a significant advantage over other conventional energy storage technologies, such as lithium-ion batteries, which are currently restricted to discharge periods of about four hours.

Further, McGregor pointed out that redT’s flow machines could discharge 100% of the energy stored by a solar PV system, while lead-acid batteries and lithium-ion batteries discharge about 30% and 50% of the stored energy respectively.

This is due to the batteries having to limit their depth of discharge to avoid permanent damage to the system, an issue that does not affect redT’s technology.

Flow machines have a higher initial capital outlay relative to that of other energy storage systems, starting at about $500 kW/h. However, he pointed out that, because flow machines have a significantly greater longevity and require little maintenance, the total life cycle cost of the solution was considerably less, particularly when used in conjunction with solar PV power generation.

McGregor explained that a flow machine and solar PV combination could provide a return on investment within five to eight years, particularly when used as a more cost-effective alternative to grid-based electricity during peak demand periods. “However, as an off-grid solution, the flow machine solar PV combination has a payback period of three to five years.”
He noted that both solutions had unique benefits, which made them better suited to different applications. The large footprint and higher capital expense of flow machines make them well-matched for heavy-duty applications, such as providing power for a remote mining site, although battery technology installations are more practical in domestic applications, owing to their compact size and cheaper price tag.

How it Works
McGregor explained that redT’s flow machines employed a proprietary vanadium redox flow technology that stores energy by pumping an electrolysing liquid through a permeable ion-exchange membrane, causing an electrochemical reaction.

The electrolysing liquid comprises water, and vanadium salt that is dissolved in a weak sulphuric acid solution. The liquid does not degrade, with a proven life span of more than 30 years.