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redT energy storage

Firms announce merger with goal of becoming No.1 global flow battery company

Fri, 07/26/2019 - 13:01 -- Paul Crompton
Firms announce merger with goal of becoming No.1 global flow battery company

It is ‘business as usual’ for redT following the announcement on 25 July it had agreed to a proposed merger with fellow vanadium redox flow battery company Avalon Battery Corporation.

The UK and US (respectively) companies have signed a non-binding memorandum of understanding for the merger. If approved by shareholders the deal will constitute a reverse takeover* under London Stock Exchange rules.

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redT to put six energy storage units in the UK

Thu, 04/27/2017 - 09:55 -- Xuan Zhong
redT to put six energy storage units in the UK

UK-based firm redT energy storage has announced it will place six energy storage units, totaling 1.08MWh, at The Olde House, a working farm and holiday retreat in Cornwall, UK, to support the Cornish distributed energy grid.

Using vanadium redox flow technology, the machines were originally designed for the Isle of Gigha in Scotland, as part of a project to remove capacity constraints on the island's community wind farm.

 

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