Simon Hackett joins Redflow
- 21 November, 2014 14:01
Internode founder and NBNco director, Simon Hackett, has joined the board of battery manufacturer Redflow.
The Brisbane-based firm was one of the first to install zinc-bromide modules (ZBMs) into a range of stationary energy applications.
The ZBM’s capability of daily deep charge and discharge is ideal for storing and shifting intermittent renewable energy, managing peak load on the grid and supporting off-grid power systems.
Hackett assumed the role at the company’s annual general meeting held in Brisbane.
The technology entrepreneur made a $2.2 million investment in Redflow in May 2014 adding to his previous tech investments in AvSoft and UltraServe.
A delighted Hackett said, “RedFlow offers a truly disruptive technology that can contribute strongly to the renewable energy revolution.”
“After a long period of research and development work to create the ZBM solution, RedFlow is now in full commercial production of their battery systems. The time is right for RedFlow - and for the renewable energy sector. I’m excited to be a part of it,” he said.
RedFlow Chairman, Howard Stack, welcomed Hackett to the board saying, “Simon’s experience with developing and commercialising disruptive technologies with global applications, combined with his entrepreneurial skills, will be invaluable to RedFlow as we move into our commercialisation phase. This is a strategic appointment for RedFlow and we look forward to Simon’s contributions.”