Redflow Limited, a publicly-listed Australian company (ASX: RFX), produces small 10kWh zinc-bromine flow batteries that tolerate daily hard work in harsh conditions. Marketed as ZCell and ZBM2, Redflow batteries are designed for high cycle-rate, long time-base stationary energy storage applications in the residential, commercial & industrial and telecommunications sectors, and are scalable from a single battery installation through to grid-scale deployments. Redflow batteries are sold, installed and maintained by an international network of energy system integrators. Redflow’s smart, self-protecting batteries offer unique advantages including secure remote management, 100 per cent daily depth of discharge, tolerance of high ambient temperatures, a simple recycling path, no propensity for thermal runaway and sustained energy delivery throughout their operating life.
Redflow Limited (ASX:RFX) on Friday announced senior management changes as the company prepares for the first deliveries of ZCell residential flow batteries in Australia.
The Redflow board has appointed Executive Chairman Simon Hackett as acting Chief Executive Officer while fellow board member Richard Aird was named acting Chief Operating Officer.
Redflow announced these appointments after Stuart Smith resigned as CEO following his successful outsourcing of the entire battery manufacturing process to Flex. Mr Smith joined Redflow in 2012.
Redflow director Howard Stack, who was chairman for much of that time, said the company was grateful for Stuart Smith's leadership during the past four years. "Stuart has led Redflow during a period in which it transformed a promising technology into a world-class battery and outsourced manufacturing to Flex," he said.
"The company is now embarking on the next phase of its development, and with Stuart's departure we have appointed Simon and Richard as acting CEO and acting COO to oversee the delivery of ZCell batteries in Australia and to identify the leadership team to deliver Redflow batteries to the world."
Redflow Executive Chairman Simon Hackett has called on state governments to offer home battery storage incentives to encourage consumers to ‘trade in’ their generous solar Feed-In Tariffs (FITs).
Speaking recently at an industry conference, Mr. Hackett said the solar Feed-In Tariffs had already achieved their goal of kickstarting solar panel adoption in Australia. “Australia is among the world leaders in its per capita deployment of PV solar panels,” he said.
“From a public policy point of view, continuing to pay solar Feed-In Tariffs beyond this point represents a substantial forward liability that does not deliver improved public good outcomes. However, state governments are clearly sensitive to the political risk of simply cancelling these long-running tariff schemes, some of which hold liabilities to as far as 2028.
“However Governments have an attractive way out of that problem, which serves both a public policy and industry development agenda while removing these long term liabilities from the public purse. This involves inviting consumers to voluntarily trade in the residual life of their FIT for funding to buy a home battery energy storage system. This would have the dual benefit of eliminating a long-term liability for governments while kickstarting a home energy storage industry in Australia.
Australian energy storage specialist Redflow will tomorrow reveal the custom-designed enclosure for its recently launched ZCell home battery at the Australian Energy Storage Conference & Exhibition in Sydney.
The outdoor-rated enclosure, which measures around 1000mm long, 500 mm wide and 1150 mm high, holds Redflow’s unique 10 kilowatt hour (kWh) ZBM2 flow battery,
Designed to be easy for installers to deploy, one or more ZCell units are typically installed on the ground beside an outdoor wall and connected to appropriate battery inverter/charger equipment.
Redflow Executive Chairman Simon Hackett, who will speak at an opening session of the Australian Energy Storage Conference, said the ZCell enclosure was designed and is being manufactured in Australia. “This is the first time we have shown our ZCell enclosure publicly,” he said.