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Looks like it's getting publicity all on its own lol, I hadn't quite realised how big this could be, the applications for their modular systems are pretty staggering GLA
Nice one, perhaps some Germans are buying in. That's the place to get these things moving with all the renewable energy there. Hope the REDT sales director is pushing it.
Green Acorn ‏@acorn_green 3 mins3 minutes ago Great response on the 1st in Munich at the Electric Energy Storage conference 6:55 am - 10 Jun 2015 · Details
Yeah hopefully they're on with it behind the scenes GLA
Don't think we can be complacent, they need an aggressive sales campaign.
It's the initial marketing that's most important I think, word of mouth takes over in the end, it's the same people circulating around these big power and utility companies, it'll end up selling itself after the initial effort GLA
I think it's all down to marketing this technology- who's in charge of that?
Hadn't even thought of that application, that alone is a massive market, REDT is perfect for it, zero maintainance for 25 years compared to a backup genny, incredible savings for facilities managers to ponder there, and much better reliability to boot! GLA
Those selling now must want their heads feeling. If you're desperate for the cash take out a loan, you shouldn't be selling now when we're at the cusp of great opportunity.
Camco aiming to become a world leader with revolutionary energy storage system Share June 10 2015, 8:03am Camco is on the verge of something pretty significant, according to its broker finnCap, as it aims to become a world leader in large-scale liquid energy storage Camco's technology can be used to store energy generated by wind turbines. Camco Clean Energy (LON:CCE) is a business in transition – and unrecognisable from the company that effectively hit the buffers in 2012 when the carbon trading market ground to a halt. It is on the verge of something pretty significant, according to its broker finnCap, as it aims to become a world leader in large-scale liquid energy storage. Okay, it is a firm in the early commercial phase; but if the technology takes off then we’ll be hearing a lot more about Camco over the next 18 months. And in American contract manufacturer Jabil Circuit, which manufactures the iPhone for Apple, it has a partner with enough financial muscle and scale to make some very lofty ambitions a reality. Camco’s REDT technology can trace its evolution back to NASA in the 1970s. It uses an electrolyte of vanadium and sulphuric acid to hold an electric charge for weeks and sometimes months at a time. While this liquid energy storage has been around for something like 40 years, Camco is one of only two companies to have developed it to a level where it is commercially viable. The other is Cellstrom, which is now owned by the German green energy specialist Gildermeister. It can be deployed to garner energy from renewable sources such as wind or solar that can be fed into the grid as and when it is needed and not just when it is blowing a gale or during a heatwave. It can also be used to replace back-up generators that might be used by hospitals or by the telecommunications industry. In fact Camco and Jabil are targeting four separate markets – utilities, telecoms, diesel genset replacement and the renewables industry. The idea is the technology will be cheaper than what’s already out there and in most instances this REDT is likely also a more efficient method of storing power. At this point it must be pointed out there is more to Camco than energy storage – although the other two businesses won’t be long-term drivers of equity value. Its African business, which used to advise on financing renewable energy projects, is now a fund manager that has won one mandate and expects to land more as the year progresses. In the US it has a renewables arm, which doesn’t appear to be part of Camco’s long term focus. In fact in recent deals it sold California carbon credits that will bring in up to US$3.9mln and will help with its short term cash needs. And, based on its last market update, it is also looking at potentially selling its American biogas arm, which should bring in funds enough to see it through to break-even. “It has to be stre
Camco aiming to become a world leader with revolutionary energy storage system Share June 10 2015, 8:03am Camco is on the verge of something pretty significant, according to its broker finnCap, as it aims to become a world leader in large-scale liquid energy storage www.proactiveinvestors.co.uk/companies/news/107884
www.proactiveinvestors.co.uk/companies/news/107884
Let's hope we don't get another sell off looking good so far.
I hope that a company can get their act together publicise and sell their product as good as their product is
Bodes well for tomorrow. That's a nice 200k sandwich, one at the start of the day & t'other at the close.
Lovely 200k buy at full ask slid in at the close CCE Camco Clean 6.25 200,000
Problem is no-one has heard of them, and it's quite difficult to get heard with show-men like Elon musk shouting about their (it has to be said)... Inappropriate lithium ion batteries from the rooftops, which are total lunacy - both cost wise and environmentally - for household or industrial scale energy storage. Wouldn't want one of those tesla things spontaneously combusting in my house like those other state-of-the-art lithium ion batteries on the luckily not-in-the-air planes recently (not tesla batteries I might add), thermal runaway is an inherent problem with large lithium ion batteries GLA
When Tesla announced they were diversifying into Lithium storage batteries their share price dramatically increased. Camco have been in that space far longer and use Vanadium which is far safer, more robust and has a far greater life expectancy. I guess funding must be considered an issue in their case otherwise this share should surely have rocketed with the current interest in energy storage.
SP still hasn't moved! Got to love AIM!
...at the right time: http://www.bbc.co.uk/news/science-environment-33055651
@acorn_green: Off to intersolar tomorrow to assist our manufacturer @REDT_Energy on their stand, pop in to learn more about flow battery energy storage