Brisbane company Redflow says it has developed the ZCell battery that, unlike its competitors, does not use lithium and is more recyclable than its competitors. Click here to read the report by ABC reporter Sara Phillips.
Australian battery manufacturer Redflow Ltd has established a battery laboratory in Adelaide to assist with its software development and to certify its zinc bromide flow batteries with multiple inverters.
While ASX-listed Redflow (ASX:RFX) has its core R&D facilities in Brisbane, the Kent Town-based lab provides important support for the launch of the company’s residential battery. Last month, Redflow announced that it will launch its residential battery before the end of March with commercial installations scheduled to occur from June this year.
Redflow also reported it had completed an oversubscribed capital raising of $7.36 million and concurrently launched a$5.56 million entitlements offer. These funds will provide extra working capital for its residential battery rollout and to continue developing a new higher energy battery.
Home-grown battery developer Redflow has announced late March for the launch of its home battery storage system as it seeks to grab a share of a growing market that risks being cornered by much larger and better known names such as Tesla and Panasonic.reported Angela Macdonald-Smith in the Australian Financial Review.
There’s a popular belief that the looming presence of batteries in people’s homes will lead to the widespread defection of those customers from the power grid. In this view, living the dream means grid-independence where you harvest your own energy, one-finger salute the power companies and, when grid power fails for others in the street, your battery keeps the party going at your house. While cutting the power cord sounds good in theory, in practice consumers gain many more advantages from staying connected to the grid.. Read Redflow Executive Chairman Simon Hackett’s column about the battery revolution in The Australian.
Power bills could be torn up as more consumers go off the grid with the launch of new solar power batteries this year. Queensland energy company Redflow has unveiled plans for its new residential batteries which allow homes to store solar power and tap into excess energy when weather takes a turn instead of relying on backup energy from the grid. Read Jacinda Tutty’s full article for Brisbane’s Courier-Mail here
Home-grown battery developer Redflow has announced it will launch its home battery storage system in late March as it seeks to grab a share of a growing market that risks being cornered by much better known names such as Tesla and Panasonic. \Read Angela Macdonald-Smith’s full article here at the Sydney Morning Herald. This article also appeared in The Age, Courier Mail and the Canberra Times
ABC TV’s Catalyst program showcased home energy battery storage, including zinc-bromine flow batteries and Redflow, in this February 2016 episode. Click here to watch.
Redflow’s Simon Hackett on 2UE with Tim Webster discussing residential energy storage in Australia.
A seasoned Australian entrepreneur is taking the fight to Tesla’s Elon Musk by marketing an alternative to his popular Powerwall. Tesla’s Powerwall battery lets consumers store solar panel energy and off-peak mains energy for later use, and is proving extremely popular. However, Mr Musk won’t have the sunny Australian market to himself. Yesterday Simon Hackett, a well known entrepreneur and executive chairman of battery solutions firm Redflow said his company would next month launch its battery for home use. Delivery would be midyear. Read the full article at the Australian
Australian energy companies are facing a “perfect storm” as renewable alternatives are hastening the move to off-grid electricity. Earlier this month US energy giant Brookfield announced it had signed a deal with property group LWP to build a new suburb near Newcastle, NSW, powered entirely off-grid, challenging incumbent industries to adapt or perish. The move has enormous implications for rural and regional communities throughout Australia where the tyranny of distance has often led to towns becoming stranded at the far end of a very long energy line. Simon Hackett, chair of RedFlow —an Australian company that designs off-grid batteries — told Fairfax the Australian energy industry is facing a “perfect storm”. “The combination of high energy prices, widespread deployment of photovoltaic solar panels (PV), a ready supply of sunshine and the looming presence of widespread, affordable and effective energy storage systems is encouraging customers to look for other ways to supply their energy needs,” he said. Read the full story at the Sydney Morning Herald