Podcast: Redflow CEO Tim Harris explains why flow batteries are vital to the renewable energy ecosystem

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.

Click here to listen to Peter Strachan interviewing Redflow’s Tim Harris.

Redflow recruits new skills for next phase of growth

Redflow has named experienced technology executive Tim Harris as its new CEO to focus on the company’s growth and commercialisation.

Long-term Redflow executive Richard Aird returns to the role of Chief Operating Officer, a critical position that focuses his deep skills and experience with development of Redflow’s unique ZBM2 battery to ensure its successful production by the new factory in Thailand. Richard will continue his successful work in driving cost-downs, optimisations and quality improvements in the supply-chain and manufacturing process as the company prepares to ramp-up battery production during 2018.

Since last year’s strategic review, Redflow has transferred its manufacturing operations from North America to Thailand, where it is now successfully producing battery stacks – the critical component of its zinc-bromine flow batteries – and is on track to produce full batteries by June this year.

Tim Harris has extensive international business experience from the telecommunications sector – a key market for Redflow – where he was previously Chief Commercial Officer for Chorus in New Zealand and held senior leadership roles for BT Group in Singapore and the UK. More information about Tim is available at https://redflow.com/about-us/board-management/.

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