10 April 2017
redT energy plc
("redT" or the "Company")
Notice of Full Year Results
redT energy plc (AIM: RED) the energy storage technology company, announces that its Full Year Results for the period ended 31 December 2016 will be released on 24 April 2017.
Following the announcement of Results, the management team will host a presentation for analysts on the day, followed by a webcast for investors at 3pm. To register interest, please contact Jimmy Lea at jlea@celicourt.uk or on +44 (0) 207 520 9263.
Enquiries:
redT energy plc |
+44 (0)207 121 6100 |
Scott McGregor, Chief Executive Officer |
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Joe Worthington, Investor & Media Relations |
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Cenkos Securities plc |
+44 131 220 9772 |
Nick Tulloch |
+44 131 220 9100 |
Derrick Lee |
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Celicourt (Financial PR) Mark Antelme Joanna Boon Jimmy Lea
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+44 (0)20 7520 9266 |
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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 enquiries@redtenergy.com or call +44 (0) 207 061 6233