Proactive Investors - Run By Investors For Investors

RedFlow names Simon Hackett executive chairman

RedFlow names Simon Hackett executive chairman

RedFlow Limited (ASX:RFX) has consolidated its new technologies expertise with the appointment of non-executive chairman Simon Hackett as executive chairman.

The appointment, effective from November 1, reflects Hackett’s increasing involvement in the company as it develops and commercialises a range of innovative battery storage solutions.

RedFlow deputy chairman Howard Stack commented:

“His experience in taking new technologies to market is invaluable, and the board believes that his enhanced role as executive chairman will greatly assist RedFlow in successfully bringing its energy storage product range to market.”

The company has recently poised its first grid-scale storage battery for commercial use this year as plans to release residential-use products shape up for early 2016.

The foundation of RedFlow’s product range is the zinc-bromide battery (ZBM) which thrives in hot, humid climates and is fully recyclable being made from plastic.

ZBMs boast a robust and versatile design that is ideal for storing and shifting renewable energy, managing peak grid load and supporting off-grid power systems and telecommunications.

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX emerging companies with distribution in Australia, UK, North America and Hong Kong / China.

View full RFX profile View Profile

Redflow Ltd Timeline

Newswire
February 23 2016
Newswire
February 16 2016

Related Articles

Australian dollars
September 28 2018
The company is now achieving positive earnings before interest, tax, depreciation and amortisation results each month.
1535033582_lithium-periodic-11.jpg
August 24 2018
American Manganese is blazing a trail in the recovery of metals from scrap cathode material rejected by battery manufacturers
VR booth
July 12 2018
“We want to move very quickly. We see it is a landgrab opportunity"

© Proactive Investors 2019

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use