Redflow unveils battery lab in Adelaide

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.

Continue reading “Redflow unveils battery lab in Adelaide”

Household batteries flick the switch for a smart electricity grid

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.

 

Brisbane firm Redflow plugs into home solar battery market

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

 

Redflow welcomes Tesla to the battery market, as investors including Graeme Wood and Simon Hackett pour in another $16 million

Redflow has welcomed the entry of US electric car maker Tesla to the large-scale battery market, after investors poured an additional $16.1 million into the zinc-bromide module (ZBM) maker. The startup raised approximately $9.7million, along with a $6.4 million entitlement offer. The entitlement offer allowed existing shareholders to purchase one new share for every seven they already owned reports. Read more at SmartCompany

Redflow ZBM2 battery

Energy storage sector boosted by Tesla entry, says Redflow

Australian battery technology provider Redflow has welcomed Tesla’s entry to the advanced energy storage sector, saying the move has raised the public profile of affordable energy storage as a disruptive technology that enables renewable generation sources to reduce reliance on fossil fuels, increase distributed generation and deliver energy independence reports ITWire

 

 

Hackett powers ahead with Redflow at Base64

Technology entrepreneur Simon Hackett today reveals plans to enhance Base64, his $7 million renovated office complex built around an historic Adelaide mansion, by installing Australian-developed energy storage and management systems. The core of the system will contain high energy density zinc-bromide flow batteries supplied by pioneering Brisbane-based energy storage company Redflow. Base64 has ordered a RedFlow LSB (Large Scale Battery) unit, a six-metre shipping container-style storage system that uses 60 RedFlow “ZBM3” 11-kilowatt hour (kWh) flow batteries to achieve a total storage capacity of 660 kWh. Read more at Impress Media