REDFLOW CLOSE TO INSTALLING FIRST RESIDENTIAL BATTERIES

Written on the 19 September 2016 by James Perkins

REDFLOW CLOSE TO INSTALLING FIRST RESIDENTIAL BATTERIES THE first of Redflow's (ASX: RFX) ZCell battery systems will be installed in Australian homes in October following the arrival of a crucial part of the system from the United States.

The Brisbane-based company announced today that the ZBM2 batteries, manufactured by Flex, had arrived in Australia and are clearing customs.

The batteries are the core component of the ZCell home energy storage systems that Reflow is distributing throughout Australia and also worldwide.

The batteries are a zinc bromide flow battery, an innovative new technology that has emerged as a competitor to the ubiquitous lithium-ion batteries that competitors such as Tesla will manufacture.

"While Redflow has undertaken extensive field testing of these products and their deployment, we plan to carefully stage, monitor, and manage all initial customer deliveries to ensure this unique residential energy storage product performs as specified at customer premises," says the company in a statement to the ASX today.

The management systems that will work alongside the battery are ready for distribution right now, says Redflow. The company will release details of the first group of Australian companies that will be approved to install the battery systems later this week.

Retail customers are just one market being targeted by Redflow, which will also provide larger storage options for commercial customers.

Redflow is trading up 6.94 per cent at $0.38 per share today.



Author: James Perkins Connect via: Twitter LinkedIn

Latest News

SIRTEX CEO DISMISSED FOLLOWING SHARE TRADING PROBE

SIRTEX Medical Ltd (ASX: SRX) has sacked its chief executive officer, Gilman Wong (pictured), following an investigat...

SANTA DELIVERS KOGAN A GIFT

KOGAN.COM (ASX: KGN) has exceeded its expectations and reported another strong quarter of trade.

The online retail...

FOUR WAYS YOU SHOULD PROTECT YOUR IT SYSTEMS FROM EXTREME WEATHER

SHANNON Overs, co-founder of onPlatinum ICT, sees it too often, perhaps half a dozen times per year businesses tha...

IOT GROUP ORDERS FIRST PRODUCTION OF ROVA DRONE

IOT Group (ASX:IOT) has ordered production of 40,000 units of the ROVA flying selfie drone from Chinese technologies ...

Related News

RISE OF STARTUP SUPPORT PROGRAMS NOT AS ROSY AT IT SEEMS

ENTREPRENEURIAL cultivation companies in Australia are appearing quickly, but questions have been raised about whe...

SMES TAKE RETAIL MARKET SHARE AS CONSUMERS CHOOSE PERSONALISATION

IN a battle for the hearts and wallets of Australian consumers, it appears that small and medium retail businesses...

KNOWLEDGE WORKERS AMONG MOST SOUGHT AFTER IN 2017

BUSINESSES searching for efficiencies and improved systems are in search of knowledge workers early this year, say...

FEMALE ENTREPRENEURS GET SPRINGBOARD TO GROWTH

DESPITE the fast-growing number of women studying STEM subjects at school and university, women continue to be und...

Contact us

Email News Update Sign Up Contact Details
Subscriptions

PO Box 2087
Brisbane QLD 4001

LoginTell a FriendSign Up to Newsletter