In his latest Wildcatter podcast, veteran stock analysis Peter Strachan asks Redflow managing director and CEO Tim Harris about the opportunities for the company’s zinc-bromine flow batteries.
In this interview, Mr Strachan – a self-described “lover of the oil and gas game” – examines how Redflow has grown to become an Australian-owned technology leader in the area of battery energy storage with a market capitalisation of about $46m.
Redflow’s zinc-bromine flow battery technology is ideally suited for stationary power storage applications that shift energy availability from intermittent generation sources such as wind and solar photovoltaic, enabling that power to be used at night, or when the wind is not blowing.
Mr Harris describes Redflow’s zinc-bromine flow battery as more of a marathon runner than a sprinter for energy storage. “We see ourselves very much as the workhorse of the renewable energy storage ecosystem,” he said.
In this 25-minute interview, Tim Harris outlines his telecommunications industry background, the unique benefits of Redflow’s batteries and the exciting opportunities the company is targeting.
Redflow has identified off-grid and micro-grid applications, including the supply of power to remote telecommunications facilities and remote communities, where traditional back-up generation can also play a part. Redflow’s product has a long working life and can be cycled continuously, coming with a 3650 full-cycle warranty, which far outstrips its peers in the battery storage industry.