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RNS Number : 8948H

RedT Energy PLC

23 August 2016

redT energy plc

("redT" or the "Company")

Result of AGM

redT energy plc (AIM:RED), the energy storage technology company, is pleased to announce that at the Company's Annual General Meeting held earlier today, all resolutions were duly passed.

Enquiries:

redT energy plc	+44 (0)207 061 6233
Scott McGregor, Chief Executive Officer
Joe Worthington, Investor & Media Relations
finnCap Ltd (Nominated Adviser and Broker)	+44 (0)207 220 0500
Julian Blunt (Corporate Finance)
Tony Quirke (Corporate Broking)
Celicourt (Financial PR) Mark Antelme Joanna Boon	+44 (0)20 7520 9266

About redT energy

redT energy develops and supplies durable and robust energy storage systems based on proprietary vanadium redox flow technology for on and off-grid applications. The liquid storage medium affords an exceptionally long life of over 10,000 full charge/discharge cycles and a 100 per cent. usable depth of discharge. Combined with low maintenance requirements, this delivers industry leading 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 firm 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 system 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 a unit 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

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