LONDON (ShareCast) - (Sharecast News) - Energy storage solutions firm RedT Energy on Wednesday launched its third-generation flow machine at Europe's largest international battery and energy storage system exhibition, eeS Europe.
The AIM-traded company said the new product, which was unveiled in Munich, offers improved charge and discharge characteristics, increased efficiency in a compact format and a high level of performance.

Scott McGregor, chief executive of RedT, said: "Our dedicated design team have worked diligently to embed advanced functionality into Gen 3 and they have delivered a technically superior product, purpose built to unlock more cheap renewable energy, generate enhanced returns for grid storage and save more money on energy costs."

The product is specifically designed to give commercial customers access to low cost alternative energy for off-grid operations and utility scale grid operations.

RedT claims that the product is an industry leader, offering the best in class IP within the field of flow technology.

The new machines are optimised for operations requiring between 100kW and 2MW of power and four to six hour of energy capacity, making the technology well suited for solar, wind and tidal projects.

"RedT's 20 years of expertise provides customers with energy storage designed business models to unlock more returns. Couple this with Gen 3 embedded technical functionality, and our customers benefit further by achieving even greater financial returns," said McGregor.

RedT is currently taking its first orders for the new generation of machines, with initial delivery expected in the fourth quarter.

As of 0842 BST, RedT Energy's shares were up 6.63% at 5.95p.

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