Good coverage for Redflow on the Fully charged YouTube channel

Finally Gen3 battery in production. Will be interesting to see whether cost of manufacturing savings can drive a profit.

Redflow Limited (ASX: RFX) (‘Redflow’ or ‘the Company’) is delighted to announce that its new third generation ‘Gen3’ battery has commenced production in Thailand this week and is now ready for commercial sale. Initial orders for Redflow’s Gen3 batteries have already been received with delivery targeted for August 2022.

The Gen3 battery represents a major advancement over the Company’s Gen2.5 battery. The battery’s new design incorporates several key innovations including a new stack design, updated electronics with increased functionality, and a new tank design and cooling system.

Commenting on the release of the Gen3 battery, Redflow COO Richard Aird said: “We have been working towards the release of Redflow’s 3rd generation battery for several years with significant engineering design and testing invested in its development since 2018. The Gen3 design delivers significant manufacturing cost reductions while also improving performance through innovations in stack design. We have achieved this by applying substantial operational learnings from our Gen2.5 batteries that have delivered over 2 GWh of energy and exceeded 10 million hours of field operations since 2018.”

“The Gen3 battery has been designed to increase the amount of automated manufacturing we can apply and sets the platform for fully automated production in the future,” Mr Aird said.

Gelion Technology-spin-out from the University of Sydney,

“Gelion’s patented technology, invented by our founder Professor Thomas Maschmeyer and his team, uses a revolutionary gel that delivers affordable, scalable and safe solutions to store renewable energy.

Traditionally, costly and complex flow batteries have been adopted to implement the zinc-bromide chemistry, but that has brought with it operational and commercial challenges. Gelion’s breakthrough has reengineered the potential of zinc bromide to deliver a practical and commercial solution for stationary energy storage.”

Takes the RFX chemistry but removes the liquid flow aspect and uses a gel instead. Simpler unit and more easily recyclable. Not yet listed.

“Gelion successfully completed an oversubscribed AUD $13m Series B capital raise.

The next capital raise is anticipated to be in Q4 2021.”

I have liked the RFX chemistry for a while and did hold but I think that they have missed their opportunity to be market leader with other chemistries competing in the flow space.

Gelion simplify the difficulties found with flow cells and I think they have an opportunity to take a significant market share in off grid storage.