US based Jabil Circuit and Camco Clean Energy’s subsidiary REDT have signed a contract that enables Jabil to manufacture REDT’s vanadium redox flow battery.
The agreement allows Jabil to produce the battery on behalf of REDT, which faciliates the battery company to manufacture at large scale and accelerate its market deployment.
“Outsourcing our manufacturing, as a non-core skill, to such a credible and quality partner as Jabil will ensure we can commercialise a high quality REDT battery at large volumes which can meet the strong demand for storage”, said Scott McGregor, Chief Executive Officer at Camco and Executice Chairman at REDT. A Lux Research forecast expected that flow batteries would provide 33% of the energy storage market in the future.
According to REDT, the battery will be used for off-grid, renewable storage and grid support. The company aims to provide unique benefits to the rapid worldwide growth in renewable energy generation.
Camco has an economic interest of 49% in REDT. The subsidiary is contracted to build a 1.26MWh utility storage facility on the Isle of Gigha, Scotland, which will be delivered in 2015.
“We are pleased to support REDT in the commercialisation of its product in such a high growth and important energy storage sector”, said David Kipling, Senior Director at Jabil.
