Source - RNS
RNS Number : 5715H
RedT Energy PLC
08 June 2017
 

redT energy plc

 

("redT" or the "Company")

 

Holdings in Company

 

The Company announces that it was notified on 7 June 2017 that Anthony Millar has increased his notifiable holding in the Company and is now interested in 26,395,896 ordinary shares, representing approximately 4.04 per cent. of the Company's issued share capital.

 

Enquiries:

 

redT energy plc

+44 (0)207 061 6233

Scott McGregor, Chief Executive Officer


Joe Worthington, Investor & Media Relations




Cenkos Securities plc

+44 131 220 9772

Nick Tulloch                         

+44 131 220 9100

Derrick Lee




Celicourt (Financial PR)

Mark Antelme

Joanna Boon

Jimmy Lea

+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 system life of up to 25 years 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 [email protected] or call +44 (0) 207 061 6233

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
HOLBDGDLXUGBGRI