Chief Executive Interview, Corporate Update

RNS Number : 8853R

RedT Energy PLC

15 December 2016

 

15 December 2016

redT energy plc

("redT" or the "Company")

Chief Executive Interview, Corporate Update

redT energy plc (AIM:RED), the energy storage technology company, is pleased to provide shareholders with the opportunity to watch a BRR video interview of Scott McGregor, CEO of redT energy, in which he provides an update on recent company developments and news flow.

The interview can be found at the below web address:

https://www.brrmedia.co.uk/broadcasts-embed/5850199b9b57a9556065ff3b/event/?livelink=true

No new material information has been disclosed.

Enquiries:

redT energy plc	[phone]
Scott McGregor, Chief Executive Officer
Joe Worthington, Investor & Media Relations
Cenkos Securities plc
Nick Tulloch	[phone]
Derrick Lee	[phone]
Celicourt (Financial PR) Mark Antelme Joanna Boon Jimmy Lea	[phone]

Notes to Editors

About redT energy

redT energy develops and supplies durable and robust energy storage machines based on proprietary vanadium redox flow technology for on and off-grid applications. The liquid storage medium affords an exceptionally long life of up to 25,000 full charge/discharge cycles and a 100 per cent usable depth of discharge. Combined with low maintenance requirements, this delivers industry leading lowest levelised cost of storage (LCOS) and total cost of ownership (TCO) results. The modular approach allows the power and energy components of systems to be independently sized to meet customer requirements.

Until now it has not been possible to directly compare variable renewable energy generation sources with diesel or fossil fuel generation. PV + Storage is now reaching 'grid parity' in many countries, a paradigm shift in energy production, which will ultimately enable a distributed energy network optimising conventional and renewable generation. The redT energy storage machine has applications in remote power, smart grids, power quality, and all aspects of renewable energy management.

To find out more about redT products or to register your interest in purchasing an energy storage machine please go to the below web address:

http://www.redtenergy.com/register-interest

For sales enquiries, please email [e-mail] or call [phone]

 

END

 

 

NRAGGGCGPUPQGMC