Jolly26 Sep 2014 13:02
How are you, think you might be wrong to sell but you know best. Think this will be a very good share to be in for 2015.
Keith
The main part of this company is REDT, they have developed a Flow Battery to store renewable energy. They are based in Germany where of course Renewable energy peaked over the summer months and was more than the grid required.
They have a manufacturing partner in Jabil, hence why i believe they will go the same way as Flow. Jabil have already reduced the cost and size of the Flow Battery and due to be marketed in qtr 1 2015.
I believe Germany will pick up on this before anyone else and see it picking up quickly across europe.
Have a look at REDT site. The biggest thing for me is that they have reduced the cost and size by two thirds which makes it a domestic saleable unit.