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Australian cleantech investors Anna and Simon Hackett campaign fundraises $205,000 for Climate 200 in three days

Simon and Anna Hackett with Rainee helping from the back seat A grassroots fundraising campaign set up by Australian cleantech investors Anna and Simon Hackett has raised more than $200,000 to support the Climate 200 initiative in just three days. Based on the belief...

Vic Air on cloud 9 with EBS & Dynamics NAV

Vic Air Supplies Financial Accountant Shelley Hughes Melbourne-based air conditioning company Vic Air Supplies has migrated its business systems to the cloud after replacing its old accounting system with Microsoft Dynamics NAV. Vic Air Supplies http://vicair.com.au/ is an Australian owned, family-run business which...

Adelaide hosts myth-busting conference on Albinism this weekend

Albinism Fellowship members including AFA President Elizabeth Beales (second from right)About 100 individuals and family members affected by albinism will gather in Adelaide this weekend for a national conference about the causes, challenges and achievements of this often-misunderstood genetic condition. International...

MIMP delivers affordable gigabit-speed Internet services for businesses in Whyalla and Mount Gambier

MIMP CEO Allan AitchisonBusinesses in Whyalla and Mount Gambier can now access ultra-fast download speeds at affordable prices from $49.90 per month using the GigCity Internet service, deployed by MIMP connecting solutions. Launched earlier this month, the first regional deployments of...

Start-ups hold the key to the future of everything

Pottinger executive chair Nigel Lake will present at this week's Myriad Festival in Brisbane The Australian dream run of economic prosperity is at risk unless the nation supports start-ups to drive a new wave of innovation warns Nigel Lake, executive chair...

Australian eCommerce platform disrupter Ultra Commerce makes latest strategic acquisition for global growth

Ultra Commerce CEO Matthew HylandAfter raising more than $10 million for growth this year, Sydney-based Ultra Commerce has acquired US-based Slatwall Commerce to accelerate the global reach of its end-to-end digital commerce platform. In its second strategic acquisition of 2021, Ultra...

Underwriters Laboratories Selects Redflow for Flow Battery Research Program at Stress Engineering

Underwriters Laboratories, SES and Redflow at Stress Texas Facility 24th January 2022. Left to Right: Judy Jeevarajan, Ph.D., vice president and executive director of Electrochemical Safety Research Institute (ESRI), Underwriters Laboratories Inc.; Daniel Juarez-Robles, Ph.D., research scientist, ESRI, Underwriters Laboratories...

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Victron aims to cut into global markets with MultiPlus-II

Victron Energy BV Managing Director Matthijs Vader Global energy system specialist Victron Energy is expanding grid-connection approvals globally for its new MultiPlus-II battery inverter-charger, boosting the market for this robust unit that works both on and off-grid. Victron will also use the...

Details: In Evolution Business Systems; / Published on 14 August 2017

Vic Air Supplies http://vicair.com.au/ is an Australian owned, family-run business which was established by Peter and Caroline Wood in 1994. During the past two decades, Vic Air Supplies has grown to employ more than 30 people at three branches in Victoria. The company manufactures flexible ducting and sheet metal and operates a wholesale division with more than 4000 products.

Since deploying Microsoft Dynamics NAV, the heating, ventilation and air conditioning specialist has delivered better planning, more accurate reporting, strengthened stock management and more responsive customer service.

Vic Air Supplies chose Melbourne-based enterprise software specialist Evolution Business Systems (EBS), the company’s IT partner of 15 years, to deploy Microsoft Dynamics NAV in early 2016.

Vic Air Supplies Financial Accountant Shelley Hughes said they had outgrown their old system. "EBS’s skill and experience with NAV made it easy to do the design phase," she said.

Details: In Redflow; / Published on 14 July 2017

Redflow Exchange Chairman and CEO Simon Hackett with ZCell Redflow Executive Chairman and CEO Simon Hackett with ZCellAustralian battery company Redflow Limited today unveiled an investment package that will raise $14.5 million to target sustainable delivery of its zinc-bromine flow batteries to high demand areas such as telecommunications.

Redflow’s capital-raising follows its May announcement of decisions from a strategic review including:

Prioritising sales to supply proven demand areas including mature telecommunications / industrial / commercial, remote/off-grid power and ‘weak-grid’ market segments
Transitioning battery production to South East Asia at a more appropriate manufacturing site to leverage proximity to proven markets and reduce supply chain costs
Implementing a range of key battery cost-down projects to reduce delivered product manufacturing cost by at least 30 per cent over the next 18 months, and
Targeting sustainable cashflow-positive operations by the end of 2018.

Redflow has provided an Investor Presentation containing details of the outcome of its Strategic Review and consequent activities undertaken or planned by the company, plus its new manufacturing partner, Malaysian-based MPTS, a long-term supplier of a core component of Redflow’s battery stack.

Details: In Redflow; / Published on 11 July 2017

Redflow CEO Simon HackettAustralian battery company Redflow Limited (ASX:RFX) has praised proposed new regulations that prioritise fire safety for the deployment of lithium-based batteries inside homes.

Standards Australia has released final draft recommendations that require lithium-ion batteries - which are classified as “fire hazard class 1” - must not be installed inside a domestic dwelling, within a metre of any access or egress area or under any part of a domestic dwelling. There are no current Standards Australia regulations for in-home battery installations.

This draft standard follows Clean Energy Council industry rules issued last year, which state: “Some lithium-based batteries can fail due to internal overheating, in a process known as ‘thermal runaway’. The normal chemical reactions within the battery during charging are exothermic (heat-generating).

“If this heat is not able to dissipate, or the battery is overcharged for a long duration, the rate of chemical reaction can then speed up, which in turn increases the battery temperature further, in an increasing cycle until the battery is physically damaged ... Once this happens, there is a risk of fire and/or rupture of the battery, with emission of toxic material.”

Redflow CEO Simon Hackett said the safety-first principle should be a priority for the rapidly growing energy storage industry. “While manufacturers say modern lithium-based batteries are designed not to overheat, it only takes one poorly designed or deployed battery to catch fire at night to cost lives,” he said.

Details: In Redflow; / Published on 07 July 2017

Redflow CEO Simon Hackett with LSBRedflow CEO Simon Hackett has commended today's announcement that the South Australian Government has awarded a contract to deploy a 129 megawatt hour (MWh) battery farm to help solve the State’s power problems.

Mr Hackett said the ambitious Tesla project demonstrated the growing maturity of energy storage systems. “We believe that batteries have an integral role to play in the successful exploitation of renewable energy sources,” he said.

"Elon Musk’s promise to deploy 129 MWh of batteries for SA in 100 days is a big challenge, even for a US$50 billion company like Tesla. As a far smaller company, Redflow is not yet configured to produce that volume of batteries in that timeframe, so we will continue delivering our ZBM2 and ZCell batteries to telecom and residential customers in Australia and overseas.

"This is not a competition between Tesla and other battery companies, it's about renewables and energy storage demonstrating their capacity to technically and affordably replace fossil fuels. I look forward to seeing a system of that scale running on the South Australian grid as soon as possible.

"This project sets South Australia up as a world leader in the use of battery storage with renewable energy - a true signpost of the future of the world. I'm thrilled about that. The global energy storage market is huge and essentially it is largely untapped. This project will act as a validation point and an accelerant of change.

"Redflow is well positioned to be a part of the solution in markets appropriate to its technology. Every battery manufacturer is likely to be busy for the foreseeable future, all working to their respective technical strengths.”