RFX 0.00% 10.5¢ redflow limited

ITP Renewables Battery Test Center Latest Report

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    Latest Battery Test Centre Report #8 April 2020

    Interesting after finally getting some issue sorted, the Redflow has performed well and maintained SOC of 100% over 600 cycles. Assuming this would related to 2 years of service in a residential setting.

    Other batteries taking a hit in maintaining full SOC do cycle 3 times per day rather than 2 like Redflow, although that's probably not how they would be used in real life. Ultimately the Redflow needs to run for another 12 months to have the same number of cycles as most others in the test, it does seem to outperform competitors. Pricing needs to come down a little and mass reliability to be established and confirmed and I'd say it's a better outlook than previous.

    Understand people didn't like my comments previously but from afar the wheels weren't well secured on this. Product does seem solid, the business is what needs the most work here from what I can see. Nowhere near enough sales. Unsure on recent developments with larger scale or grid applications of the batteries. Also it's my opinion that remote and offgrid sites should be a major target alongside Telco towers.

    VRFB are similar but I think material supply is a huge concern. Obviously those are targeted at larger scale too. Materials for RFX batteries seem alot more attainable and with less direct competition.

    I have no shares, and probably won't in the near future, but I do enjoy Australian success stories.

    https://batterytestcentre.com.au/reports/
    Last edited by valueharvest: 25/05/20
 
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