Redt Energy Share Discussion Threads

[dlg3] 01/11/2017 09:28

Alchemy I would go with what is written in the RNS,s not what I write or any other on here..... we all have our own agenda...

[dlg3] 01/11/2017 09:25

grabster everyone has there own idea why John Ward left, all there own thoughts and are entitled to them...He has worked hard on REDT,s projects and needed not be bothered.

As I say I have my ideas and you have yours, but an investment decision is down to the individual....

[alchemy] 01/11/2017 09:19

It was said by Red on the phone to someone here that it was a forced sale. Now it's something else? I suppose it could be both? But clarity would be welcome.

[dlg3] 01/11/2017 09:18

Jabil also provide the guarantee on the units.....

[alchemy] 01/11/2017 09:16

Grabster what are the two favourites in your portfolio?

[dlg3] 01/11/2017 09:16

well owenski you had better tell Scott Mcgregor that he does not know what contract REDT holds with Jabil..

this from an RNS...

redT holds a global manufacturing service agreement (MSA) with Jabil, which is not tied to any specific location. As such, the MSA remains unchanged and the Company continues, as planned, to work with Jabil to optimise the lowest cost manufacture of different components of its energy storage machines by utilising Jabil's 90+ manufacturing plants across the world. This provides redT with a significant competitive advantage in the market.

think you are grasp at straws owenski..

[grabster] 01/11/2017 09:13

dig3 - I've seen that. And I wish the company well in (a) achieving the production/installation rollout that Scott talks of, and (b) making a profit from it.

My own stake in RED is small (2.5% of my portfolio) but my portfolio has a strong growth path (around 30%pa) and RED is at present the worst performer within it, notwithstanding the recent climb from its lows. Energy storage is a sector I want to be in, and in which I would like a much bigger percentage of my portfolio, so I have been hoping to see and hear enough to multiply my number of RED shares. At present I am more inclined to exit RED. If John Ward's departure was indeed to allow one of his companies to buy RED products without conflict, I would like to hear him say so - otherwise, on balance, I regard his departure, and the curtness of its announcement, as a concern. Excuses you have posted about his exit sound very much like wishful thinking rather than anything else. Somebody out there somewhere will know exactly what he is doing, and it would be good to know.

[owenski] 01/11/2017 09:11

I dont think you know what that actually means in production practice.

[dlg3] 01/11/2017 09:10

REDT have a world wide manufacturing contract with Jabil..

[owenski] 01/11/2017 09:09

That's a sales pitch and what they hope for, reality of conversion is a different matter.

RED aren't the only player in this market, and clearly they are 'slow', markets are fluid not static, things change for the downside as well as upside.

100 - 150Bn, isn't RED's share, that's just an estimate of a market still in its infancy and its not a guarantee of RED's sales penetration or any profitability.

[dlg3] 01/11/2017 09:06

Jabil have around 30 manufacturing sites in China....

[dlg3] 01/11/2017 09:03

redT holds a global manufacturing service agreement (MSA) with Jabil, which is not tied to any specific location. As such, the MSA remains unchanged and the Company continues, as planned, to work with Jabil to optimise the lowest cost manufacture of different components of its energy storage machines by utilising Jabil's 90+ manufacturing plants across the world. This provides redT with a significant competitive advantage in the market.

[dlg3] 01/11/2017 08:56

Scott McGregor, CEO, commented:

"redT has successfully proven its disruptive technology with the production of one of the longest life, lowest cost industrial energy storage machines, and we are now entering the next stage of development with the commercial roll-out of our Gen 2 units. Estimated at $100-$150 billion, the stationary energy storage market presents redT with a very significant opportunity for sustainable growth and our technology holds the key to unlocking firm renewable power for the future. With a strengthened balance sheet, we will now be able to aggressively ramp up our sales and marketing efforts, and continue the development of the future generation of redT machines.

[alchemy] 01/11/2017 08:51

Substantiate? Well Scott says so. In his authoritative mode. I believe him.I still quite see how this is all patent protected but it is. Can anyone substantiate that please?

[owenski] 01/11/2017 08:50

RED's business model seems to be a project manager tacked onto an R&D arm.

However much these flow batteries cost, the bulk of that goes to Jabil, no one knows what margin RED will earn. If they sell 100 of these units they may still not be profitable, it's fine quoting sales pipeline numbers in the hundreds, but that doesn't reveal any financial expectations that RED will actually earn.

Project management businesses are typically low margin.

If they start getting orders for large unit sales, they will also have to ensure enough boots on the ground to install and commission, this again is a project management business.

They cant overcharge either as it makes the financial cost of a VFM uncompetitive.

This is probably why they are keen to develop other revenue streams because VFM sales alone are likely to be low margin long lead time products and installations.

But it will take very large scale sales to earn significant grid electricity reselling.

Meantime, RED remain a small outfit up against growing competition, esp, as The Chinese are in this sector.

Part and product delays - Ref. Olde House site visit - wont be one offs either as they aren't sourcing locally from Jabil in Scotland due to closure, this stuff is now all imported with associated costs and potential delays.

By contrast, The Chinese make and sell these units - a one stop shop.

RED will be back to the market for more funding again and holders will be diluted.

No doubt about the future of flow machines, but that doesn't mean RED becomes a billion dollar company, they lack scale.

[grabster] 01/11/2017 08:37

"..and it appears (unchallenged) we have the cheapest product in market..."

Can anyone substantiate that please? My concern is that RedT may not be competitive and I would welcome some clarification of the assertion that they are.

[tonsil] 01/11/2017 07:32

From Vanadium corpVRB Newsletter: It's Big and Long-Lived, and It Won't Catch Fire: The Vanadium Redox Flow BatteryDear shareholders and friends, As a courtesy to those subscribed to our weekly newsletter, we are providing you with the most relevant industry news as well as breaking VanadiumCorp news. Enjoy this week's highlight article from vanadium industryews and be sure to visit www.vanadiumcorp.com for full access to the latest vanadium industry news, grid storage news, climate change news and breaking VanadiumCorp newsBlackOctober 26, 2017Move over, lithium ion: Vanadium flow batteries finally become competitive for grid-scale energy storageThe factory sprawls over an area larger than 20 soccer fields. Inside, it's brightly lit and filled with humming machinery, a mammoth futuristic manufactory. Robot arms grab components from bins and place each part with precision, while conveyor belts move the assembled pieces smoothly down production lines. Finished products enter testing stations for quality checks before being packed for shipping.It has been called a gigafactory, and it does indeed produce vast quantities of advanced batteries. But this gigafactory is in China, not Nevada. It doesn't make batteries for cars, and it's not part of the Elon Musk empire.Opened in early 2017, in the northern Chinese port city of Dalian, this plant is owned by Rongke Power and is turning out battery systems for some of the world's largest energy storage installations. It's on target to produce 300 megawatts' worth of batteries by the end of this year, eventually ramping up to 3 gigawatts per year.The scale of this "other" gigafactory may be impressive, but the core technology it makes is even more compelling. The Dalian factory produces vanadium redox-flow batteries, a specialized type whose time has finally come. The VRFB was invented decades ago but has emerged only recently as one of the leading contenders for large-scale energy storage.How large? VRFBs are being touted for grid-scale uses in which they would store up to hundreds of megawatt-hours of energy. In these applications, they may be charged by large baseload power plants, which generate electricity cheaply but are too sluggish to accommodate sharp increases in demand during peak hours. Or they may be charged by renewable sources like wind farms, whose generation doesn't always align well with demand. Like most batteries, VRFBs can deliver power nearly instantaneously, so they can stand in for the traditional means of meeting peak demand: fossil-fueled "peaker" plants that, in comparison with batteries, are costly to maintain and operate and not as fast.Lithium-ion batteries, too, have been proposed for grid-scale uses. But here they are no match for VRFBs, which have longer lifetimes, can be scaled up more easily, and can operate day in, day out, with no significant performance loss for 20 years or more.Soon this technology will be the cornerstone of the largest battery installation in the world: a ­200-MW, 800-megawatt-hour storage station being built in Dalian. The first 100 MW will be installed by the end of this year, with the remainder coming on line in 2018. The station will help balance supply and demand on the Liaoning province power grid, which serves about 40 million people, filling the same function as a peaker power plant but without using scarce water. Furthermore, if the batteries are charged by the wind-generated power that's abundant in northern China, no fossil fuels will be burned. Should demand spike or the supply dip suddenly, the battery station will be able to dispatch all or just part of its 200 MW within milliseconds.The result will be a stable grid that can integrate more renewable energy. At times, wind generation in Liaoning province tops 7 GW, or about 15 percent of total generation. But much of that power isn't used because other sources already meet grid demand. Earlier this year, the amount of wind power in Liao­ning that was curtailed, or wasted, reached 15 percent; in the neighboring province of Jilin, it was 30 percent. The Dalian site will store that wasted energy for later use, adding up to a few hundred gigawatt-hours per month.The Dalian site is just one of several big VRFB installations being built in China, so its reign as the world's biggest battery may be short. Meanwhile, other countries are adopting VRFBs. According to the U.S. Department of Energy's global energy storage database, since 2014, more than 30 VRFB projects in 11 countries have been deployed or begun construction; these range in power from a few tens of kilowatts up to Dalian's 200 MW. While these projects reflect the surging interest in all forms of energy storage, what's driving the renewed push toward VRFBs are important technological distinctions.Today's state-of-the-art vanadium redox-flow batteries started out as a modest research project at the Pacific Northwest National Laboratory(PNNL), a U.S. Department of Energy lab in Washington state. The PNNL team, which I led, came together in 2007, at a time when world oil prices were steadily climbing. The economies of China and India were experiencing double-digit growth, and environmentalists were concerned about the accelerating rate at which they (and other countries) were consuming fossil fuels. In the United States, awareness was starting to build about the potential of renewable but intermittent energy sources like wind and solar.

[owenski] 01/11/2017 07:07

dig foaming at the mouth posting all night, red are just starting out with flow batteries and not smoothly judging from the reported feedback from that site visit, so to start banging the drum about car applications is ridiculous

the dig and dog show cranking up last night, lol

[dlg3] 01/11/2017 00:19

Dr. Alex Westlake is currently establishing Clearworld Energy’s European presence and is employed as Business Development Manager for CWE Spain. Alex has twenty year’s experience in renewable energy technology development and the utility sector both in UK and Asia, with firms PowerGen (UK, now E.On) and IT Power (UK) before co-founding Clearworld Energy’s Beijing office in 2004. Alex has a PhD in Wind Energy and is a Chartered Member of the Institution of Engineering and Technology.
Alex is considered to be a leading expert in clean energy and the Clean Development Mechanism under the Kyoto Protocol. Alex was integral to the development of China’s first CDM project – the Huitengxile Windfarm Project, which is also the first wind project to be registered globally and has developed new CDM methodologies for energy efficiency and coal bed methane utilisation. Alex was a member of the management team, which achieved a public listing for Camco in 2006 and served on Camco’s executive management team.
For ClearWorld Energy Spain, Alex will develop business in the key areas of consulting, technology transfer and project development / financing.

[dlg3] 01/11/2017 00:17

MICHAEL ASHBURN
DIRECTOR
Michael Ashburn has over 30 years of experience in the energy sector. He is a developer of clean energy projects and technology companies.

He co-founded Peak Pacific Investment Company in 1996 and served as Chief Operating Officer, developing and managing ten Chinese Joint Venture power companies.

He also co-founded ClearWorld Energy in Beijing in 2004, the leading player in the China carbon credit market, to focus on renewable energy and clean technologies. Michael directed the merger to establish Camco Clean Energy that ultimately led to the formation of Cenergi.

[dlg3] 01/11/2017 00:16

Welcome to ClearWorld Energy, a pioneering company tackling climate change by supporting clean technology solutions and better ways of using resources.
Founded in Beijing in 2004, ClearWorld Energy has co-founded and seed-financed a portfolio of innovative businesses, all working towards a more sustainable world.
Now operating globally from Singapore, We continue to deploy our capital and expertise searching for new ways to further our mission to fight climate change and transition to a more sustainable world. We recycle earnings both into further opportunities and into active social programs, which seek to influence society as a whole to move in the direction of sustainable development, environmental protection and poverty reduction.

[dlg3] 31/10/2017 23:52

REDT still retain the old domain name of RE-fuel, give it a go www.poweringnow.com/ this was the domain for RE-fuel takes you straight to www.redtenergy.com

[dlg3] 31/10/2017 23:43

ip rights are usually valid for about 20 years.....

[dlg3] 31/10/2017 23:34

look how far they have come, you see the size of that stack in the picture above the new stack is about an eighth of the size, thats in 5 years...