RedT Energy (formerly Camco Clean Energy)
RedT Energy, formerly Camco Clean Energy is a UK energy storage technology company The Company’s energy storage solution is based on proprietary vanadium redox flow battery technology for on and off-grid applications. It is currently focusing on delivering market-seeding units of energy storage technology which it expects will lead to full-scale commercialisation. 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 disheveled cost of storage (LCOS) and total cost of ownership (TCO) results.
Exchange: London AIM (RED)
Financial Data From Exchange Website: LSE Summary
Recent Financial Report: Final Results 2016
The original business of Camco Clean Energy was carbon off-set and carbon trading. The company then moved into Biogas in the US and had an interest in a large palm oil project in South East Asia. But it is now focused on storage following a name change which reflects the core business of Renewable Energy Dynamics Holding Ltd.
Chairman: Jeffrey Kenna
CEO: Scott McGregor
Short Description: UK Liquid Fuel Cells