VSA Morning Alternative Energy Comment, 19/11/18PDF versionKeep reading VSA research for free – Click here for our position on MIFID2 |
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redT#: Australian Project Now OperationalredT energy (RED LN)#, an energy storage solutions company, has announced that its 1MWh hybrid energy storage system located on the Clayton, Victoria campus of Monash University in Australia is now operational.
VSA Comment
In October 2017 RED announced this first order in the Australian market, which we estimated would deliver cUS$1m (cA$1.3m) in revenues to the company. It is therefore positive to see the project become operational a little over a year later. Risers and Fallers (Last Close)
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