Australian battery company prepares to take on Tesla

Australian battery company, Redflow, has announced it will launch its home battery storage system in late March, looking to take a share of the growing home battery market that has recently risen to prominence thanks to Tesla. While details of what the Redflow "plug & play" home battery will look like and cost are yet to be revealed, Chief Executive Stuart Smith claims there has been significant interest already from Redflow's shareholders, who will be eligible for a discount during the initial phase of the launch.

Originally published on One Step Off The Grid

by Sophie Vorrath

ASX-listed battery storage company Redflow says it expects to launch its “plug and play” home battery storage unit next month, with the first residential installations set to take place in June.

Brisbane-based Redflow, whose unique zinc bromine flow battery technology has previously targeted the commercial market, as well as off-grid mining applications, said in an ASX release on Wednesday that it planned to launch its entry into the residential energy storage space at the end of March 2016.

“Product information provided at this launch will include pictures of the new Redflow external battery enclosure and its use in a residential context, performance specifications and system pricing examples,” the company said. Redflow said the company was already seeing “substantial interest” in the home battery units from its shareholders, who would be offered a discount on them to support the initial phase of the launch process. The company said it was also working with various installer partners to set up some initial ‘exemplar’ residential installations in a number of different settings. “Based on the expected timetable for resuming battery manufacture with Flex (as noted above), we are expecting the first residential customer system installations featuring …to occur from June 2016,” the release said. The company said it also intended to deliver technology to complement the home batteries, including the Redflow Battery Management System (BMS). This would allow an installer with nothing more than a web browser to achieve commissioning, configuration, and interface of a Redflow battery with multiple readily available inverter/charger electronics systems on the market today, it said. The ASX report also noted the company’s successful completion of its “end user trial” in an African commercial solar power project, with orders expected to follow.

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