Redflow demos ZBM2 benefits at TowerXChange South Africa

Redflow this week promotes its ZBM2 zinc-bromine flow batteries for use in the booming telecommunications tower market at the TowerXChange event in South Africa this week.

TowerXchange is an open community for thought leaders in the emerging market towers industry, bringing together mobile network operators (MNOs), tower companies, investors, equipment and service providers to share best practices in passive and active infrastructure management, opex reduction, and to accelerate infrastructure sharing.

Redflow has a stand at the TowerXchange Meetup for Africa and the Middle East, which is running at the Sandton Convention Centre, Johannesburg, from October 3-4.

Redflow’s presence at TowerXChange aligns with the company’s focus, announced earlier this year, to insert its long-lived zinc-bromine flow batteries into the lead-acid refresh cycle for telco towers, a replacement process that typically occurs every 18-36 months in warm and tropical climates.  

To learn more about the benefits of Redflow energy storage for the telecommunications sector, visit https://redflow.com/applications/telecommunications/.

Redflow restructures leadership team for growth

Australian battery company Redflow Limited (Redflow) today announces leadership changes, including a new Managing Director and CEO and an Independent Non-Executive Chairman, effective immediately, as it prepares to commence manufacturing in Thailand and grow battery sales during the next 12 months.

Appointment of Chief Executive Officer / Managing Director

Redflow’s largest shareholder Simon Hackett – who became acting CEO 12 months ago – has stepped aside from his executive role after completing a year-long mission to refocus, redirect and recapitalise the business. Simon will continue as a non-executive director with special oversight for technology-related matters.

The Redflow Board has promoted Chief Operating Officer, Richard Aird, as CEO to accelerate the company’s new strategic direction announced in May. With more than 20 years’ experience in commercial development and operations, Richard has a thorough understanding of Redflow and its technology from holding various roles with the company since 2009. He has the skills and expertise needed to drive the company as it starts manufacturing batteries in Thailand and implements cost downs in battery production. Discussions regarding terms of engagement to reflect Richard’s new role are well advanced and will be disclosed in accordance with the listing rules when finalised. Continue reading “Redflow restructures leadership team for growth”

Bosco Printed Circuits director Philip Verheul

South African factory beats power cuts with Redflow batteries

South Africa’s largest manufacturer of printed circuits has beaten frequent power outages and cut its energy costs by deploying Australian-designed Redflow zinc-bromine flow batteries.

Unreliable mains power supplies meant Johannesburg-based Bosco Printed Circuits often had its production line stopped in mid-shift by power cuts, which could occur as often as twice a week. These stoppages each cost as much as 10,000 rand (A$1000) in wasted materials as well as disrupting Bosco’s tight delivery schedule to its many customers in the mining, security and industrial electronics sectors.

Bosco solved these power cut problems by installing 14 ZBM2 zinc-bromine flow batteries, from Brisbane-based Redflow Limited, which now keep its production line running through power cuts. Continue reading “South African factory beats power cuts with Redflow batteries”

The Redflow Effect: Alan Kohler interviews Simon Hackett

2121Leading Australian financial journalist Alan Kohler interviews Redflow’s Simon Hackett about how the Australian innovator is using its world-leading expertise at miniaturising zinc-bromine flow batteries to disrupt the large, established market for lead-acid batteries in telecommunication sites.

Republished with permission of The Constant Investor, the following article is the transcript of Alan Kohler’s interview with Simon Hackett – who at the time was Redflow’s CEO – first published as a podcast on September 21, 2017. Continue reading “The Redflow Effect: Alan Kohler interviews Simon Hackett”

Redflow completes US$600,000 second battery sale to Hitech

Australian battery company Redflow has secured the second international sale of its ZBM2 zinc-bromine flow batteries for US$600,000, with Auckland-based Hitech Solutions placing another order.

Under the new deal, Hitech is using Redflow’s ZBM2 batteries to build advanced hybrid energy storage systems that will deliver reliable power to multiple remote sites in a Pacific Island nation.

Read the full story on ITWire.

Redflow scores second major battery sale for remote Pacific Island projects

The zinc-bromine flow batteries of Australian energy storage company Redflow will again be used to help supply reliable, clean power to remote Pacific Island sites, after the Brisbane based company secured a second major international order.

Redflow said on Monday that Auckland-based Hitech Solutions had placed a $A750,000 order for a major, multiple stage project using Redflow’s ZBM2 batteries to build advanced hybrid energy storage systems across multiple sites in a Pacific Island nation.

Read the full story on One Step off the Grid.

Hi-Tech places second US$600,000 order for Redflow batteries

Australian battery company Redflow Limited has repeated its largest ever sale of ZBM2 zinc-bromine flow batteries, after receiving a second international order worth about US$600,000 (A$750,000).

Auckland-based Hi-Tech Solutions placed this latest order for a major, multiple stage project which is using Redflow’s ZBM2 batteries to build advanced hybrid energy storage systems that will deliver reliable power to multiple remote sites in a Pacific Island nation. Hi-Tech specialises in providing telecommunications and infrastructure services for clients in New Zealand and internationally. Redflow has completed delivery of all batteries to fulfil Hi-Tech’s first order, announced in May.

Redflow CEO Simon Hackett said this repeat large sale validated the appeal of ZBM2 batteries to displace lead-acid batteries for network power applications in demanding and remote environments. “We are delighted that Hi-Tech has again chosen Redflow batteries,” he said.

Continue reading “Hi-Tech places second US$600,000 order for Redflow batteries”

Redflow chooses Thailand for battery factory

Redflow Limited has today announced it has established a company in Thailand to manage the production of its zinc-bromine flow batteries in South East Asia. This follows the ASX-listed company’s announcement in May of its decision to move 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.

Continue reading “Redflow chooses Thailand for battery factory”

Redflow & TSERI at PlugVolt Battery Seminar 2017

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.

Continue reading “Redflow cashes up to target battery demand areas”