Australian energy storage company Redflow Limited (ASX: RFX) has secured preferred supplier status with Soul Energy to provide batteries for the first of a number of expected infrastructure projects throughout Australasia.
Headquartered in New Zealand, Soul Energy is a green energy systems integrator providing technology infrastructure solutions in New Zealand, Australia and the South Pacific. Its services include design, manufacturing, installation, support and monitoring systems.
Partnering with Redflow has enabled Soul Energy to focus on key verticals, including telecommunications, utilities, agriculture and commercial as well as off-grid communities.
The total potential requirement for the first customer is as many as 200 Redflow batteries, likely to commence with an initial small order as early as June 2019. Following this customer awarding the head contract to Soul Energy, Redflow will finalise commercial battery supply terms which will include project staging and delivery schedules. The financial implications of the opportunity for Redflow will become apparent after these details are settled. Continue reading “Soul Energy partners with Redflow for infrastructure rollouts”