RedT Energy (RED) has developed a machine based on vanadium redox flow battery technology for deployment in the commercial and industrial energy storage sector. Unlike the majority of its flow battery peers, RedT’s machines have already been deployed in a number of field test environments with first commercial sales occurring at the end of 2016. So this is a real company. VSA is house broker so clearly biased but analyst Edward Hugo has this morning published a very detailed 25 page note.
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