Redflow chooses Thailand for battery factory

Redflow Limited has today announced it has established a company in Thailand to manage production of its zinc-bromine flow batteries in South East Asia.

In May, the ASX-listed company (ASX:RFX) announced its decision to move its battery manufacturing from North America to South East Asia, to be closer to its most lucrative markets, in Australia, Oceania and southern Africa, and to reduce production costs.

In a statement to the ASX this morning, Redflow reported that it has established Redflow (Thailand) Limited, which is negotiating a lease on premises in a Thai free trade zone. It is also seeking Thai licensing and regulatory approvals.

As well as its location, close to Redflow’s supply chain and marketplaces, Thailand offers good manufacturing expertise, competitive logistics, an attractive labour cost and effective tax treatment for international manufacturers within its free trade zone structure.

Redflow CEO Simon Hackett said the final North American production batch of ZBM2 batteries was now in transit to Australia. “I’m pleased to report that our stack manufacturing equipment from North America has arrived in Thailand ahead of schedule,” he said.

”We remain on track to commence production with our new manufacturing partner MPTS as planned.”

Redflow also reported that its integration partners have sold its ZCell batteries to residential and commercial properties in Queensland, NSW, ACT, Tasmania, Victoria and SA.

Mr Hackett said most ZCell batteries were deployed in scalable configurations using multiple parallel batteries, which leverage the key technical and economic advantages of Redflow’s unique technology. “Popular configurations include 2-6 battery off-grid residential systems and 3-6 battery on-grid residential and commercial systems,” he said.

The ASX update stated that Redflow has now delivered all the batteries for its largest order to date, to New Zealand-based telecommunication systems integrator Hitech Solutions.

Hitech Solutions has commenced construction of the first of its modular energy systems to include the use of Redflow batteries. These energy systems are sized to suit the requirements of each destination site and will be deployed progressively across multiple locations in a Pacific Island nation.

Redflow also reported it is confident that the performance issues reported earlier this year are now resolved. The company has successfully tested and proved the process to remediate battery electrolyte in cases where battery quality testing indicates that this is desirable. Redflow is now progressively applying this remediation to those batteries that require it.

For media assistance, please call John Harris on +61 8 8431 4000 or email john@impress.com.au.

About Redflow www.redflow.com

Redflow’s unique zinc-bromine flow batteries are designed for stationary energy storage applications ranging from its ZCell residential battery to its scalable ZBM2 batteries for industrial, commercial, telecommunications and grid-scale deployment. Redflow Limited, a publicly-listed company (ASX: RFX), produces high energy density batteries that are sold, installed and maintained by an international network of system integrators. Redflow batteries offer unique advantages including 100 per cent depth of discharge, tolerance of ambient temperatures as hot as 50 degrees Celsius and sustained energy storage of 10 kilowatt hours (kWh) throughout its operating life.

Redflow presents with TSERI at PlugVolt Battery Seminar

Redflow’s Mio Dart presented jointly with TSERI (the Texas Sustainable Energy Research Institute), at the PlugVolt July 2017 Battery Seminar in Ann Arbor, Michigan, on Thursday, July 20.

The 3pm Redflow/TSERI presentation addressed the topic Third-Party Verification of Flow Batteries – Datacentre and Utility Applications, drawing on a TSERI test program of flow batteries, including two Redflow ZBM2 batteries. Co-funded by a consortium of companies including Microsoft, the TSERI program is examining the suitability of two flow batteries for a range of applications.

Download the Redflow TSERI presentation by clicking here.

Redflow cashes up to target battery demand areas

Australian battery company Redflow Limited today unveiled an investment package that will raise $14.5 million to target sustainable delivery of its zinc-bromine flow batteries to high demand areas such as telecommunications.

Redflow’s capital-raising follows its May announcement of decisions from a strategic review including:

  • Prioritising sales to supply proven demand areas including mature telecommunications / industrial / commercial, remote/off-grid power and ‘weak-grid’ market segments
  • Transitioning battery production to South East Asia at a more appropriate manufacturing site to leverage proximity to proven markets and reduce supply chain costs
  • Implementing a range of key battery cost-down projects to reduce delivered product manufacturing cost by at least 30 per cent over the next 18 months, and
  • Targeting sustainable cashflow-positive operations by the end of 2018.

Redflow has provided an Investor Presentation containing details of the outcome of its Strategic Review and consequent activities undertaken or planned by the company, plus its new manufacturing partner, Malaysian-based MPTS, a long-term supplier of a core component of Redflow’s battery stack.

Announced to the Australian Securities Exchange (ASX) this morning, Redflow’s equity raising comprises a share placement $10.5 million in two tranches to sophisticated and professional investors and the issue of $4 million worth of shares to Hackett CP Nominees Pty Ltd – an entity associated with Redflow Executive Chairman Simon Hackett – in exchange for already issued convertible notes.

Redflow Executive Chairman and CEO Simon Hackett said the strategic review had determined the best forward operating stance for the company. “We have identified that the telecommunications sector has a strong, proven and ongoing demand for energy storage that fits the ‘sweet spot’ of Redflow’s unique value proposition,” he said.

“In May Redflow recorded its largest sale to date, to an energy systems integrator working in the telecommunications and network power sector.

“At the same time, Redflow will continue supplying into its ZCell residential battery sales channel which is delivering our compelling energy storage solution for residential and SOHO customers, especially those located in off-grid areas or warm climates.”

Redflow Chief Operating Officer Richard Aird said the process of disengaging from the company’s former manufacturing location was substantially complete. “The activities Redflow is undertaking to transition manufacturing and to implement key product cost-down projects are critical to the future success of the company,” he said.

“Product deliveries will continue from built-up stock-on-hand and stock in transit ahead of the planned resumption of manufacturing in South-East Asia toward the end of this calendar year. Redflow staff are keen and committed to achieving the steps needed to maximise our prospects of future success.”

For media assistance, please call John Harris on +61 8 8431 4000 or email john@impress.com.au.

About Redflow www.redflow.com

Redflow’s unique zinc-bromine flow batteries are designed for stationary energy storage applications ranging from its ZCell residential battery to its scalable ZBM2 batteries for industrial, commercial, telecommunications and grid-scale deployment. Redflow Limited, a publicly-listed company (ASX: RFX), produces high energy density batteries that are sold, installed and maintained by an international network of system integrators. Redflow batteries offer unique advantages including 100 per cent depth of discharge, tolerance of ambient temperatures as hot as 50 degrees Celsius and sustained energy storage of 10 kilowatt hours (kWh) throughout its operating life.

 

Redflow welcomes safety-first fire rules for batteries

Australian battery company Redflow Limited (ASX:RFX) has welcomed proposed new regulations that prioritise fire safety for the deployment of lithium-based batteries inside homes.

Standards Australia has released final draft recommendations that require lithium-ion batteries – which are classified as “fire hazard class 1” – must not be installed inside a domestic dwelling, within a metre of any access or egress area or under any part of a domestic dwelling. There are no current Standards Australia regulations for in-home battery installations.

This draft standard follows Clean Energy Council industry rules issued last year, which state: “Some lithium-based batteries can fail due to internal overheating, in a process known as ‘thermal runaway’. The normal chemical reactions within the battery during charging are exothermic (heat-generating).

“If this heat is not able to dissipate, or the battery is overcharged for a long duration, the rate of chemical reaction can then speed up, which in turn increases the battery temperature further, in an ­increasing cycle until the battery is physically damaged … Once this happens, there is a risk of fire and/or rupture of the battery, with emission of toxic material.”

Redflow CEO Simon Hackett said the safety-first principle should be a priority for the rapidly growing energy storage industry. “While manufacturers say modern lithium-based batteries are designed not to overheat, it only takes one poorly designed or deployed battery to catch fire at night to cost lives,” he said.

“Even if a lithium battery does not cause a fire, a poorly-contained battery may act as an accelerant in an ordinary house fire with potentially disastrous consequences for both residents and first defenders. So, we welcome this emphasis on ensuring that lithium-based batteries are deployed in a way to minimise their fire risk.

“It’s also worth noting that not all batteries contain the same risk. As a completely different technology to lithium-based batteries, the Australian-designed ZCell zinc-bromine flow battery is inherently non-flammable, with a bromine-based electrolyte and an overall safe design.

“The fact is that Redflow’s ZBM2 and ZCell batteries are ideally suited to the Australian climate as they can operate in ambient temperatures as hot at 50 degrees Celsius without any external cooling.”

For media assistance, please call John Harris on +61 8 8431 4000 or email john@impress.com.au.

About Redflow www.redflow.com

Redflow’s unique zinc-bromine flow batteries are designed for stationary energy storage applications ranging from its ZCell residential battery to its scalable ZBM2 batteries for industrial, commercial, telecommunications and grid-scale deployment. Redflow Limited, a publicly-listed company (ASX: RFX), produces high energy density batteries that are sold, installed and maintained by an international network of system integrators. Redflow batteries offer unique advantages including 100 per cent depth of discharge, tolerance of ambient temperatures as hot as 50 degrees Celsius and sustained energy storage of 10 kilowatt hours (kWh) throughout its 10-year warranty.

Dutch farm deploys six Redflow batteries

In a Netherlands first, a Dutch dairy farm has deployed six Redflow ZBM2 zinc-bromine flow batteries to store self-produced solar energy that can support its milk production with sun-harvested energy. Dubbed the Photon Farmer, the project aims to store solar energy for the farm’s use with six 10 kilowatt hour (kWh) ZBM2 batteries, the first Redflow deployment in the Netherlands.

Located at Vierakker in the eastern Netherlands, the 57.5-hectare family-owned farm currently stocks 110 dairy cows. Due to public importance, the European Union is co-financing the deployment, which could revolutionise energy supply by supporting businesses to become energy independent.

ICL, a leading global producer of bromine and supplier of the advanced zinc-bromide electrolyte used in ZBM2 batteries, proposed Redflow for the Photon Farmer project because of the ground-breaking advantages of zinc-bromine flow batteries over older battery types such as lithium and lead-acid.

Redflow Global Sales Director Andrew Kempster, who is visiting the Netherlands this week for the project’s launch, said the Photon Farmer had produced energy with solar panels for several years. “The battery project is seeking the best business model for future local sustainable energy production, including energy storage in a battery,” he said. “Our zinc-bromine flow battery technology is well-suited for this project.”

A prime driver for the project is to enhance the ability of farms to produce energy from renewable sources, leveraging large roofs with room for solar panels and even available space for windmills.

The Dutch energy system is based on large, central production facilities with many small users whereas renewable energy production typically occurs at distributed locations. Currently, energy is produced in line with demand, which is not possible with renewable energy. For example, a dairy farmer cannot choose to milk cows only when the sun shines or when the wind blows.

Batteries solve this problem by storing surplus renewable energy. The Photon Farmer project aims to learn if the ZBM2, with its intelligent battery management system, can optimally match supply and demand. The Redflow ZBM2 is the world’s smallest flow battery.

Redflow’s unique battery is intrinsically fire safe, due to its design and the fact that its bromine electrolyte is inherently non-flammable. The ZBM2 delivers superior energy storage performance, being capable of 100 per cent daily Depth of Discharge and delivers 10 kWh of sustained storage for its warranted 10 years. This means no loss of energy storage capacity over time, as occurs with other battery chemistries such as lithium and lead-acid.

The Redflow ZBM2 battery is sold and installed globally for use in small to large-scale telecommunications, industrial and commercial applications. ZBM2 batteries are already in use in Austria, Germany, Portugal and Spain.

Redflow has also launched its ZCell residential energy storage system for homes in Australia.

The ZBM2 zinc-bromine flow battery is made from components that are easily recyclable or reusable, which makes it a sustainable battery solution. Due to this unique design, the ZBM2 was nominated for the Responsible Care Award in 2016 by the VNCI – an annual sustainability prize within the Dutch chemical industry.

To learn more about how the Proton Farmer is using Redflow’s ZBM2 batteries, watch this video:

About Redflow www.redflow.com

Redflow’s unique zinc-bromine flow batteries are designed for stationary energy storage applications ranging from its ZCell residential battery to its scalable ZBM2 batteries for industrial, commercial, telecommunications and grid-scale deployment. Redflow Limited, a publicly-listed company (ASX: RFX), produces high energy density batteries that are sold, installed and maintained by an international network of system integrators. Redflow batteries offer unique advantages including 100 per cent depth of discharge, tolerance of ambient temperatures as hot as 50 degrees Celsius and sustained energy storage of 10 kilowatt hours (kWh) throughout its 10-year warranty.

Redflow signs largest ever deal worth $800,000

Australian energy storage company Redflow will supply $800,000 worth of batteries across the Pacific Islands , reports Renato Castello in The Advertiser.  The Brisbane-based company, headed by Adelaide tech entrepreneur Simon Hackett, said the deal with New Zealand telecommunications firm Hitech Solutions was the largest single sale of its zinc-bromine flow batteries. Read the full story here,

Simon Hackett on Fully Charged

Check out Simon Hackett explaining the benefits of home batteries to Robert Llewellyn on a recent episode of Fully Charged. And, yes, it is THAT Robert Llewellyn, renowned and loved as Kryten (without the getup) from the cult sci-fi TV series Red Dwarf. Click below to start the video.

Thank you to Robert Llewellyn and his Fully Charged team for permission to republish this excellent video on the Impress website.

Watch Robert Lllewellyn interviewing @SimonHackett about Redflow batteries on Fully Charged Click to Tweet