Member Info for Jim78

I believe there are a few other companies out there involved in the manufacture of vanadium reflux batteries but haven't been able to find out if they are commercial yet. I do know that REDT are regarded as one of the forerunners in the technology (Sir John Samuel who heads REDT was one of the expert panel that we're in attendance at the recent Green in the City debate on storage of renewable energy). They are also through the first stage of the department of energy and climate change's energy storage competition

A step in the right direction for REDT, get the technology out there, demonstrate its capabilities. Anyone one researching this company needs to look beyond just the carbon credits. Biogas in the US, Solar projects in Africa, REDT (of which they own 49%), Carbon Credits

Camco Clean Energy PLC REDT Evora solar storage system installed TIDMCCE Camco Clean Energy PLC 10 October 2013 Camco Clean Energy plc REDT Evora solar storage system installed REDT* has successfully installed a demonstration flow battery system in Evora, Portugal which has a 5kW rated power with 12 hours (60kWh) storage capacity. This project is to develop control strategies for energy storage in Building Integrated PV (BIPV) installations, and the principal partner and host for the system is the University of Evora. The system has been installed in a building on its agriculture and animal husbandry campus in Valverde, just outside Evora, and will supply stored solar energy to the facility there. The system will be used to maximise the efficiency of a 6.6kW PV array that has been installed on the roof of the building and will time shift energy with voltage and frequency control so that energy costs are reduced. The system is capable of delivering a high quality domestic 2kW load for 2 to 3 days during periods of low solar output. REDT was selected by the European Commission to build and supply its new flow battery system for this PVCROPS project, which is administered out of the Polytechnica University of Madrid and is part of the EU Seventh Framework Programme (FP7). The objectives of the PVCROPS project are to develop improved methodology, management, efficiency and cost reduction for renewable energy generated from solar PV installations. REDT is working collaboratively on this project with 11 other academic and industry partners from across Europe. This project offers REDT an excellent opportunity to prove its Vanadium Redox Flow Battery (VRFB) systems in conjunction with the most influential organisations in the European PV industry, and the potential for additional sales volume in this sector throughout Europe with the same partners.

CCE obviously have a troubled history with the carbon markets, I'm invested here because my research has shown that they have weathered the storm and created new projects which will enable them to make profit independently of the carbon credits. For what it's worth, and this is only my opinion, my belief is that going forward the biogas projects will be the bread and butter for CCE with the carbon credits being an added bonus. That's not to mention REDT, while not currently commercial they are at the first stages of commercialisation. While it hasn't been a factor in my decision to invest there's no denying that there's a lot of potential there. I also believe that there is a strong management team in place which carries a lot of weight for me. I was surprised at the size of the rise on the back of the carbon credits RNS, as I've said above they're not a big factor for me but I do think we've found our support ready for the next leg up on the back of whatever news comes next. Of course I will be only too happy to eat my words if I am wrong, it wouldn't be the first time. This is all in my opinion, DYOR and all that. GL all

Lol... they've got to make a living somehow

It was a sell reported late, that's what caused the drop at the end of the day.

Interims on Monday

'Camco has progressed 12 projects through the ARB early-action review process and anticipates further approvals and issuances of CCOs from its projects in the coming months.' You haven't missed the boat, there is a guarantee from California that the base auction price for carbon credits will increase by 5% a year. Camco are well placed to benefit from this market. Also keep in mind that they own 49% of REDT. They've developed an energy storage system that has huge potential. That aside, the biogas and carbon credits side of the business are just getting started. Momentum will build. Don't buy on my advice though, do your own research- have a look at the BB on ADVFN, some very informative posters on there

Are you referring to the sell recommendation from 13th September 2011 (SP at the time 13.88)? I think at that time I'd have recommended sell, as you say it is the same target price as mine, just in the opposite direction! Be interesting to see what happens tomorrow and in the days leading up to the update, I guess from your point of view further drops will provide a good opportunity. If that happens I'll consider buying more although I'll have to free cash up from elsewhere if I do. Keep me posted if you do decide to jump in GL

Hi, There was a lot of ramping of this share going on over on ADVFN, I think a lot of people bought it on the basis that certain posters were suggesting that the AGM was going to bring some kind of game changing update that was going to make share holders millionaires! My suspicion is that many of the people that bought on that basis feel disappointed at the AGM's lack of millionaire making news and are selling up and moving on. More fool them for buying shares based on what they read on message boards rather than doing proper research. Unfortunately it seems that the recent spike was boosted by people looking for a quick profit and then selling up as soon as it started to re-trace. The good news as I see it is that now that the AGM is out of the way and those that are weak holders have moved on we should start to see the price stabilise a bit and start a steady sustainable rise on the back of proper investment. I bought in with a medium to long term view and believe that I will see minimum 300% returns in the medium to long term (my average is 3.1p). I was lucky in a way that I got in when I did as I stumbled across them by accident. It's a bit of a bastard for those that bought at 4 and above but then if I were them I'd just sit on it until it gets back into profit, which it will do. If it falls further from here I will continue to hold. I have confidence in my research and much confidence in the ability of the managers of this company. Good luck all.

Tends to be the pattern with this share, it's been busier than usual this week but calmed down a bit today, it might kick in again before half 4. Great if we can consolidate at this level today though, should provide a good platform for further rises up to Tuesday

Hi all, just started looking into these and am seriously considering buying, the level of growth forecast is impressive and looks to be based on actual secured contracts/ land etc. My only question having never been involved in India based companies is how secure is it as a base to do business in? What I mean is can the state be relied upon not to suddenly change the goal posts like they do in many African countries? I only ask because it looks like most of they're income comes from the contracts with the state.... forgive me if I'm missing something obvious!