Is redt a good energy storage company?

redT large scale energy storage units arrive at PNDC. Source: @redT_energy UK-based redT energy Plc (LON:RED) last week entered into a merger agreement with US peer Avalon Battery Corporation to form a financially stable energy storage expert with strong competitive advantages and a base for rapid growth.

What does redt energy do?

redT develops and supplies energy storage systems based on proprietary vanadium redox flow technology for on and off-grid applications. It also offers research and consultancy services. redT energy serves in the United Kingdom, Europe, Asia, and Australia. Redt Energy has 3 employees across 7 locations and £22.01 m in annual revenue in FY 2023.

Did redt energy acquire a company?

Key Attributes: redT Energy acquired 1 company. Their latest acquisition was Avalon Battery on August 06, 2019. Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

How many team members does redt energy have?

redT Energy has 5 team members, including current Chief Executive Officer, Larry Zulch. redT Energy (LON:RED) specializes in energy storage infrastructure solutions that deliver cheap, sustainable energy with attractive economic returns for our customers. Use the CB Insights Platform to explore redT Energy's full profile.