RedT Energy PLC Board Change (6786U)
26 October 2017 - 5:00PM
UK Regulatory
TIDMRED
RNS Number : 6786U
RedT Energy PLC
26 October 2017
26 October 2017
redT energy plc
("redT" or the "Company")
Board Change
redT energy plc (AIM:RED), the energy storage technology
company, announces that John Ward has decided to step down from the
board and as a director of the Company, effective immediately, due
to personal reasons.
Dr Jeff Kenna, Chairman of redT said:
"We thank John for the contribution he has made to the board
over the past 2 years, and wish him all the best for the
future".
Enquiries:
redT energy plc +44 (0)207 121 6100
Scott McGregor, Chief Executive
Officer
Joe Worthington, Investor
& Media Relations
Cenkos Securities plc (Nominated
Adviser & Broker) +44 131 220 9100
Derrick Lee
VSA Capital (Investor Relations
Advisor)
Andrew Monk +44 (0)203 005 5000
Celicourt (Financial PR)
Mark Antelme
Jimmy Lea
Ollie MIlls +44 (0)20 7520 9266
Notes to Editors
About redT energy
redT energy develops and supplies durable and robust energy
storage machines based on proprietary vanadium redox flow
technology for on and off-grid applications. The liquid storage
medium affords an exceptionally long life of up to 25,000 full
charge/discharge cycles and a 100 per cent usable depth of
discharge. Combined with low maintenance requirements, this
delivers industry leading lowest 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.
Until now it has not been possible to directly compare variable
renewable energy generation sources with 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 storage
machine has applications in remote power, smart grids, power
quality, and all aspects of renewable energy management.
To find out more about redT products or to register your
interest in purchasing an energy storage machine please go to the
below web address:
http://www.redtenergy.com/register-interest
For sales enquiries, please email enquiries@redtenergy.com or
call +44 (0) 207 061 6233
This information is provided by RNS
The company news service from the London Stock Exchange
END
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