• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

Fat Tail Daily

Investment Ideas From the Edge of the Bell Curve

  • Menu
    • Commodities
      • Resources and Mining
      • Copper
      • Gold
      • Iron Ore
      • Lithium
      • Silver
      • Graphite
      • Rare Earths
    • Technology
      • AI
      • Bitcoin
      • Cryptocurrency
      • Energy
      • Financial Technology
      • Bio Technology
    • Market Analysis
      • Latest ASX News
      • Dividend Shares
      • ETFs
      • Stocks and Bonds
    • Macro
      • Australian Economy
      • Central Banks
      • World Markets
    • Small Caps
    • More
      • Investment Guides
      • Premium Research
      • Editors
      • About
      • Contact Us
  • Latest
  • Fat Tail Series
  • About Us
Market Analysis Latest ASX News

RedFlow Battery Sale Sends Share Price Flying (ASX:RFX)

Like 0

By Lachlann Tierney, Tuesday, 09 March 2021

The share price of next-gen battery developer RedFlow [ASX:RFX] has soared today, thanks to the announcement the company had just signed its largest battery sale. The RFX share price up 37.04% ...

The next-gen battery developer RedFlow Ltd [ASX:RFX] share price has soared today, thanks to the announcement the company had just signed its largest battery sale.

The agreement, which will see RFX batteries used to supply energy storage in California, has sent the RFX share price up 37.04%, at the time of writing, to trade at 7.4 cents per share.

ASX RFX Share Price Chart - RedFlow Ltd SharesSource: Trading View

The RFX share price reached a 52-week high last month, spurred on by a partnership with Optus to supply RFX batteries as part of the Australian Government’s Mobile Network Hardening Program.

RedFlow announces single largest sale

Excitement surrounding RFX shares seemed to return today after the battery developer announced it would supply its batteries to global waste recovery leader Anaergia Inc.

Is Lithium Ready for a New Bull Run in 2021? Free report reveals three stocks that could make serious gains.

The energy storage system will comprise of 192 zinc-bromine flow batteries to support two megawatt hours at Anaergia’s Rialto Bioenergy Facility in California as part of the Facility’s microgrid.

As part of the sale, RFX will receive more than US$1.2 million (excluding taxes) for the system.

Though this will occur in stages including on signing, on shipment, on delivery of goods to site, and on practical completion.

Expected to occur in Q3 of this calendar year.

When operational, the facility will be North America’s largest landfill diverted organic waste digester facility.

And will convert 700 tons per day of organic waste and 300 tons per day of biosolids into renewable natural gas and Class A fertiliser.

RFX’s technology will enable Anaergia to store and supply up to 2MWh of energy during the daily 4–9pm peak tariff period.

CEO Tim Harris commented on today’s milestone:

‘Our batteries thrive on heat and hard work, which is exactly what Anaergia requires from them.

‘This project also enables Redflow to establish a presence in California, where we can offer commercially-proven zinc-bromine flow battery solutions to the broader Californian and US energy market, which is expected to rapidly transition to renewable energy.

‘We are very excited about the potential for Redflow in California and the broader US market.’

Follow the money

If you’re looking to make your way into what will soon be a multitrillion-dollar industry, the key to investing into renewables is to follow the money.

Often easier said than done.

Anaergia’s microgrid project was funded in part by a grant from the California Energy Commission and consists of the batteries, a biogas conditioning system to support a 2.0MW biogas-fuelled cogeneration unit, and a microgrid control system.

California is seeking to decarbonise its electric grid by 2045.

To do so would mean it needs to deploy between 45 and 55 GW of long-duration energy storage if it is to achieve its target.

Or 150 times the energy storage currently built and operational.

Meaning California alone could represent a significant market for RFX’s products.

And I’m sure you’re aware that it’s not just California looking to scrap fossil fuels, many developed economies are doing the same. Discover three ways you can invest to capitalise on the $95 trillion switchover from fossil fuels to renewables. Click here download our free report.

Regards,

Lachlann Tierney,
For Money Morning

All advice is general advice and has not taken into account your personal circumstances.

Please seek independent financial advice regarding your own situation, or if in doubt about the suitability of an investment.

Comments

Subscribe
Notify of
guest
guest
0 Comments
Inline Feedbacks
View all comments
Lachlann Tierney

Lachlann’s Premium Subscriptions

Publication logo
Fat Tail Investment Research

Latest Articles

  • Lion Clock says buy now for the big pay off later
    By Callum Newman

    Now is the time to be investing and following into this sector. According to the Lion investment clock, now’s the time to scoop up what you can and surf the rising liquidity wave.

  • Cashflow Gems: Focus on Mining Juniors That Own the Golden Goose
    By James Cooper

    Exploration success hinges on continuous drilling, and self-funding juniors have the edge. Discover how these companies leverage cash flow to advance projects without pausing, while their cash-strapped competitors face hibernation.

  • Tick, tock: there’s a boom brewing in one sector…
    By Callum Newman

    All the old hands say you’re supposed to buy resources when they’re down in the dumps. That’s the theory. It’s the timing that’s the bitch. Here’s some help with that…

Primary Sidebar

Latest Articles

  • Lion Clock says buy now for the big pay off later
  • Cashflow Gems: Focus on Mining Juniors That Own the Golden Goose
  • Tick, tock: there’s a boom brewing in one sector…
  • Buy oil when there’s peace in the streets
  • Vicuña: The Greatest Mineral Discovery of Our Lifetime

Footer

Fat Tail Daily Logo
YouTube
Facebook
x (formally twitter)
LinkedIn

About

Investment ideas from the edge of the bell curve.

Go beyond conventional investing strategies with unique ideas and actionable opportunities. Our expert editors deliver conviction-led insights to guide your financial journey.

Quick Links

Subscribe

About

FAQ

Terms and Conditions

Financial Services Guide

Privacy Policy

Get in Touch

Contact Us

Email: support@fattail.com.au

Phone: 1300 667 481

All advice is general in nature and has not taken into account your personal circumstances. Please seek independent financial advice regarding your own situation, or if in doubt about the suitability of an investment.

The value of any investment and the income derived from it can go down as well as up. Never invest more than you can afford to lose and keep in mind the ultimate risk is that you can lose whatever you’ve invested. While useful for detecting patterns, the past is not a guide to future performance. Some figures contained in our reports are forecasts and may not be a reliable indicator of future results. Any actual or potential gains in these reports may not include taxes, brokerage commissions, or associated fees.

Fat Tail Logo

Fat Tail Daily is brought to you by the team at Fat Tail Investment Research

Copyright © 2025 Fat Tail Daily | ACN: 117 765 009 / ABN: 33 117 765 009 / ASFL: 323 988