Business
Chief Executive Interview
Chief Executive Interview.
About this update from Invinity Energy Systems Plc
[{"type":"text","content":"\n \nRNS Number : 3267B RedT Energy PLC 16 June 2016 \n\n16 June 2016\nredT energy plc\n(\"redT\" or the \"Company\")\n \nChief Executive Interview\n \nredT energy plc, the energy storage technology company, is pleased to provide shareholders with the opportunity to watch a BRR Media video interview with Scott McGregor, CEO of redT energy, in which he gives an update on recent company developments and news flow.\n \nThe interview can be found at the below web address:\nhttp://www.brrmedia.co.uk/broadcasts-embed/57503e684c64e59e61dc6a59/event/?livelink=true\n \nFor the avoidance of doubt, no update on trading or other new material information is contained in the video.\n \nEnquiries:\n \n\n\n\n\nredT energy plc\n\n\n+44 (0)207 121 6100\n\n\n\n\nScott McGregor, Chief Executive Officer\n\n\n\n\n\n\n\nJoe Worthington, Investor & Media Relations\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nfinnCap Ltd (Nominated Adviser and Broker)\n\n\n+44 (0)207 220 0500\n\n\n\n\nJulian Blunt (Corporate Finance) \n\n\n\n\n\n\n\nTony Quirke (Corporate Broking)\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nCelicourt (Financial PR)\nMark Antelme \nJoanna Boon\n\n\n+44 (0)20 7520 9266\n\n\n\n\n \nAbout redT energy\n \nredT energy develops and supplies durable and robust energy storage systems based on proprietary vanadium redox flow technology for on and off-grid applications. The liquid storage medium affords an exceptionally long life of over 10,000 full charge/discharge cycles and a 100 per cent. usable depth of discharge. Combined with low maintenance requirements, this delivers industry leading 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.\n \nUntil now it has not been possible to directly compare variable renewable energy generation sources with firm 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 system has applications in remote power, smart grids, power quality, and all aspects of renewable energy management.\...