RedT details proposed merger with Avalon

16th Mar 2020 15:37

(Sharecast News) - Energy storage company RedT Energy has signed an agreement with the shareholders of Avalon to effect a proposed merger of the two companies, it announced on Monday.

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RedT gets go-ahead for Energy Superhub Oxford project

9th Mar 2020 09:39

(Sharecast News) - Energy storage technology company RedT Energy has received a provisional notice to proceed from Pivot Power, an EDF Renewables company, over the Energy Superhub Oxford Project, it announced on Monday.

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RedT confirms board changes ahead of merger with Avalon Battery

15th Nov 2019 12:35

(Sharecast News) - Energy storage technology company RedT Energy updated the market on the proposed merger with Avalon Battery Corporation on Friday.

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RedT Energy shrinks loss as it looks to Avalon merger

27th Sep 2019 09:43

(Sharecast News) - Energy storage technology company RedT Energy reported stable revenue from continuing operations for its first half on Friday at £0.2m, precisely in line with the same period last year.

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RedT offloads legacy Camco business in management buyout

5th Apr 2019 14:58

(Sharecast News) - Energy storage solutions company RedT Energy has completed the divestment of its legacy Camco business, it announced on Friday, with the sale of its wholly-owned subsidiary Camco International Group.

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RedT Energy outlines involvement in massive Oxford energy project

3rd Apr 2019 10:39

(Sharecast News) - Energy storage solutions company RedT Energy updated the market on its role as part of a consortium of companies delivering an overall £41m grid-scale project in Oxford on Wednesday, which it said would include 5MWh, or 72 units, of vanadium redox flow machines as part of a grid-connected 50MW vanadium / lithium-ion hybrid energy storage system.

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RedT agrees solar storage partnership with Norwegian giant

25th Mar 2019 09:15

(Sharecast News) - RedT Energy's shares surged on Monday after the AIM-listed outfit won a deal to partner with Norway's state-owned Statkraft to provide a fully financed solar plus storage solution to UK commercial and industrial customers.

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RedT Energy's maiden German project halted by change in bidding process

18th Dec 2018 08:48

(Sharecast News) - Energy storage outfit RedT no longer expects to see the financial close of its maiden German project before the end of the year, pushing its target out into the new year.

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RedT Energy installs 'world-first' system at Melbourne university

19th Nov 2018 10:50

(Sharecast News) - Energy storage solutions company RedT Energy announced on Monday that its 1MWh vanadium flow and lithium-ion hybrid energy storage system was now installed and operational at a site in Melbourne, Australia.

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RedT raises £5m via placing, seeks out new investors

3rd Oct 2018 14:40

(Sharecast News) - RedT shares tumbled on Wednesday after the firm announced it had raised £5.03m from a placing of 71.9m ordinary shares at a price of 7p per share.

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RedT losses widen 'in line with management expectations'

13th Sep 2018 08:55

(Sharecast News) - RedT Energy saw losses widen in the six months leading to 30 June as the industrial energy storage outfit completed most of its scaling up for growth.

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RedT Energy wins place on Essentia's battery storage framework

11th Sep 2018 08:52

(Sharecast News) - RedT Energy has been awarded a place on Essentia's battery storage framework to supply energy storage solutions to the NHS and other UK public sector sites.

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Sunday share tips: Randgold, BAE Systems, REDT

10th Jan 2016 13:59

(ShareCast News) - Randgold Resources, a rarity of a profitable and debt-free miner, is a share to hold onto, argued the Sunday Times' Inside the City column. The west and central Africa-focused group is valued at twice the market capitalisation of FTSE 100 peer Anglo American, which is highly indeb

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RedT Energy completes sale of US biogas operations

23rd Dec 2015 08:55

(ShareCast News) - RedT Energy had a bit more cash and fewer assets on Wednesday, as it completed the sale of its US biogas operations. AG Power Jerome, which owned the Jerome-based biogas facility, and AG Power DCD, which owned the Twin Falls operation, were sold to Delaware-incorporated biogas fir

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Redstone CFO to resign following successful demerger

28th Jun 2013 07:14

The Chief Financial Officer (CFO) of AIM-listed infrastructure and support services provider Redstone, has given notice of his resignation following the completion of the company's demerger. Peter Hallett has been with the business for over four years during which time he completed the restructurin

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