Stefan Bernstein explains how the EU/Greenland critical raw materials partnership benefits GreenRoc. Watch the full video here.
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I like the technology both video and our “engine”. ....but hate to say it but.....it’s “old” news!!
We need the update on those “deals” that were meant to be easily financed!
Holding strong here!
PC
https://twitter.com/Scott__McGregor/status/1139164786179149825?s=20
Anybody going to participate in the conference call?
I think this may be the site for the “pathfinder” scheme for Anglian Water, will need to have it confirmed so a day trip is on during this summer!
https://wwtonline.co.uk/news/anglian-gets-permission-for-solar-installation-at-grafham-water
Let’s hope for good news from the Results ( but as these will be for ....up to year end 2018 ) may hopefully come in the follow up notes!!
PC
Notice of Full Year Results
redT energy plc (AIM:RED), the energy storage solutions company, announces that its Full Year Results for the period ended 31 December 2018 will be released on Tuesday 25(th) June.
Scottish Power batteries!
Shame we haven’t had a look in here.......Whitelee wind farm.
A string of similar projects will follow across at least six of Scottish Power's other renewable energy sites.
However, in the future we may find there are issues with these very large lithium batteries ( half the size of a football pitch).
It’s possible that as batteries become more commonplace, it will be the safety critical element comes to the attention on the population and enables a route in for RedT’s non flammable systems to take centre stage!
PC
Hi 13th
Having worked in sales for a Fortune 500 company many years ago, not surprised we haven’t released anything from pipeline......yet!
There was always competition wanting to infiltrate the deals!
So.... for RedT let’s wait and see if we can get these “known” deals over the line...then progress towards expansion globally, as we always envisaged this would become!
So much potential.....but now urgently need some positive response from the BOD
PC
13thmonkey......
Bushveld Energy...A part of the Bushveld Minerals group seem to gaining a very
healthy foothold in the USA.
Have a read of the RNS that BMN released this morning and you may get
an idea of where they are heading and their future potential.
pinecone, who's getting that work then?
Whilst these jokers shaft shareholders for every penny other companies with less the half the wage bill are actually making progress.
About time McGregor and Kenna faced a judge, it is fraud what they have been up to, Camco none core business, it is the only income producing side of the business that’s now lining their pockets.
Despite the actions, or non actions of one Donald Trump.
The storage sector in the USA seems to be gathering momentum!
We also need to be pushing this here in this country, it’s all ready for the off, just needs some government stability!
So hopefully by year end we will have some resolution to our position in the global market for battery storage!
Where will RedT be then?
https://www.utilitydive.com/news/us-energy-storage-market-sees-232-year-on-year-growth/556186
PC
the future wil be good for red t, it,s just a matter of time, as with all new technology , Could be another year or so but I think I will hang on because to sell now would be disaster .
the future wil be good for red t, it,s just a matter of time, as with all new technology , Could be another year or so but I think I will hang on because to sell now would be disaster .
https://redtenergy.com/story/botswana-essential-infrastructure/
No date
I note that the Eskom plans in South Africa are dated October 2018. More recent politically influenced reports from Feb 2019 suggest that the timescales are much slower than this report suggests. The recent split planned for the heavily indebted Eskom into transmission generation and distribution are likely to significantly delay these battery plans.
More long term stuff
https://www.energy-storage.news/news/south-africa-makes-huge-distributed-energy-storage-commitment
Might get something from the trials although RED are in Africa already.
Oops! my bad, it's Kingdom not United Kingdom.
Upon re-reading larryh's link I noticed a paragraph that I had missed -
'The JV will focus on developing and manufacturing Vanadium Redox Flow Batteries. Moreover, with R&D facilities in both Germany and Saudi Arabia, the companies plan to build a Gigawatt-scale manufacturing facility in the Kingdom to go into production in the next year.'
Possibilities re Partnering?
big megawatt projects being undertaken, Oz, Saudi .... where's RED???
https://www.energy-storage.news/news/partnerships-in-saudi-and-australia-plan-future-of-long-duration-flow-batte
I'm trying to work out whether you are joking tongue-in-cheek or serious!
No prescience here this year as the storage market continues to grow. That is evidence enough for me that RedT are not going to be sticking around. The Oxford hub to mean looks like it's a technology agnostic company and the UK offering for flow is RedT.
Invest with caution. Flow has its merits, RedT is yet to prove its value.
Posted this on ADVFN but thought you may be interested here as well.
You will probably need to join up for a free trial to access this but basically it says that asset managers, managing $20 trillion worldwide, have built up teams that are very knowledgable about renewables and are competing to accumulate assets in the sector. It is leading to asset price inflation, a bubble is the term they use, where assets are being competed for. Its the asset managers that are competing for assets not the asset competing for finance. It may well explain why RED has had little trouble in finding finance to date and why the likes of Schroders are still invested here. It bodes well for RED's search for a strategic partner. We still don't know if the partner will be a financial company or an industrial company like Siemens.
https://www.telegraph.co.uk/business/2019/05/13/asset-managers-could-become-energy-supermajors-future/
Found by Gerd212 on LSE
https://uk.reuters.com/article/us-norway-statkraft-results/statkraft-to-expand-electric-vehicle-charging-in-germany-and-britain-idUKKCN1SF14U
Statkraft have just linked up with RED in another potential project and RED has been picked to supply the storage for the Oxford EV charging initiative. Personally I don't believe in coincidences in business.
Hi M. Yes but it doesn't mention the EU's involvement. It is a Brexit point but the UK Government is subservient to EU legislation. Personally I think the EU will reverse it's decision but in the meantime we have this ridiculous situation where the UK Government cannot bring in sensible alterations to VAT levels to support the adoption of renewables and storage whilst trying to encourage renewables to combat climate change. It is like hiking the price of tonights European championship tickets at Liverpool whilst trying to get the fans behind the team. Fortunately ticket prices at Anfield are not subject to EU influence yet so Liverpool enjoyed a fantastic support from the fans which helped them achieve a famous victory. I had to get the victory in as it was a fantastic game to watch. Nothing to do with RED though I'll admit unless you appreciate that red is the colour of Liverpool strip
Hi Mike,
This is a UK government decision. The Renewable Energy Association – who are dead against it – think so anyway.
https://www.r-e-a.net/news/tax-rate-hike-for-domestic-solar-storage-and-biomass-boiler-markets-contested-by-industry