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Redt Energy PLC (RED.L)

RED.L on London Stock Exchange

23 Mar 2017
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0.25 (+2.56%)
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Latest Key Developments (Source: Significant Developments)

redT Energy plc announces completion of sale of US biogas assets
Wednesday, 23 Dec 2015 02:00am EST 

redT Energy plc:Says all conditions relating to the sale of the US Biogas Assets have now been satisfied and the transaction has completed.Says the initial consideration of $2.0m in cash has been received by the Company and the remaining $2.6m will be settled in cash within 12 months.  Full Article

redT Energy plc announces two further unit contracts
Monday, 14 Dec 2015 02:00am EST 

redT Energy plc:Says its latest orders to deliver 5-40kWh energy storage systems to two separate customers, the first of which has already been shipped from the manufacturing facility in Scotland.  Full Article

Camco Clean Energy Plc proposes change of name to RedT Energy plc
Tuesday, 3 Nov 2015 02:00am EST 

Camco Clean Energy Plc:Announces intention to change its name to RedT Energy plc.  Full Article

Camco Clean Energy Plc 's REDT contracts with green acorn for energy storage
Tuesday, 28 Apr 2015 02:00am EDT 

Camco Clean Energy Plc:Says REDT, Camco's energy storage business says its latest order to deliver 5-40kWh energy storage system to a working dairy roof mounted photovoltaic (PV) generation application in Somerset.Says REDT storage system will enable full potential of PV renewable generation to be achieved.Says key challenge for renewable energy generation, and in particular PV, is that it produces power at the wrong time of day making it difficult to match supply with demand throughout day for consumption.As further renewable generation comes online and starts contributing the UK power network, there is maximum volume of such power that distribution networks can manage when demand is low.Consequently, recent Power Purchase Agreements (PPAs) issued for renewable projects by network operators in the UK are now limiting amount of export of solar and wind power during the day, when output is typically highest and demand is relatively low.  Full Article

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