Invinity Energy Systems Share Discussion Threads

[megaman2] 19/5/2024 07:39

[...]

I came to the conclusion Siemens Ganesa was currently not in the frame re ies as they are concentrating solely on their core business. More evidence here as they put up their Indian wind arm for sale wouldn't be surprised if the other part followed suit at some point . Certainly not the end of the world for ies just I continue to firmly believe they are out the picture here for the foreseeable .

[zero the hero] 17/5/2024 17:46

itsriskythat - that article is behind a paywall, how does this apply to IES? Edit: I waited for a reply, and since there was not its been removed.

[happydays2004] 17/5/2024 11:44

Another lithium BESS fire, this time at at Otay Mesa 15 May 2024


Fire at energy storage facility in Otay Mesa prompts evacuation warning - The San Diego Union-Tribune (sandiegouniontribune.com)

[megaman2] 17/5/2024 09:30

I bought some on the open market at c 23p..didn't take the open offer you can argue dilution or not but it's what I did each to their own .

[hope1815] 17/5/2024 09:23

Update on Open Offer

17 May 2024 Funds must be in the account on the Open Offer to cover Original Offer. If any are over-subscribed Funds also need to be in the account.

20 May 2024 money will be taken from the account.

This should clarify the amount of shares on the over-subscribed if taken up.

Happy Investing

[gerd212] 17/5/2024 08:31

Re 6581

Ironic that Bathgate is the location of the UK IES manufacturing facility! unless....

[vatnabrekk] 17/5/2024 08:22

"In addition, one of the main disadvantages of sodium-ion batteries is that they have a low energy density compared to other popular batteries such as lithium batteries, so they can store less energy per unit weight."

Maybe we're not doomed yet!

[megaman2] 17/5/2024 08:07

A shadenfreude who knows I'm.invested here sent me this
..

hxxps://www.pv-magazine.com/2024/05/15/china-switches-on-first-large-scale-sodium-ion-battery/

We are doomed😂€514;

[happydays2004] 17/5/2024 07:49

All these new lithium projects being contested
The general public definitely waking up to the very real dangers of lithium fire or explosion risks and the very toxic vapour cloud emitted in the process.
Gid scale batteries are driven extremely hard and the degredation and ultimately the huge toxic end of life waste will be immense.

[gbcol] 17/5/2024 07:27

Re 6583 - in the RNS it says that the OO result will be announced on 22 May. (EDIT- think final date for acceptance is 21st. for some options)

[gspanner] 17/5/2024 07:10

Well I thought we may get the ‘open offer’ subscription result this morning… Would be a gauge of market sentiment…

[megaman2] 17/5/2024 04:10

Yes it's frustrating to see the obvious and would be huge to see a situation like these resolved by switching to vfrb making new projects get the message that vfrb will be an easier route to successful planning . Let's hope the orders are lined up and manufacturing capability will be the near term limiting factor .

[dontay] 16/5/2024 22:45

Plans submitted for West Lothian battery storage park that can meet short-term demands of 600,000 households.Plans have been submitted for another vast battery storage park in Scotland that could supply the short-term demands of about 600,000 households.South Lanarkshire-based OnPath Energy, formerly Banks Renewables, said it had sent a planning application to West Lothian Council for the three-hectare site to the south-east of Bathgate. If approved, the £130 million project would meet the peak electricity demands of around 240,000 homes for two hours - or the average demands of some 600,000 households for the same period. Bosses at OnPath insisted that "local people remain at the centre of our proposals".Https://www.msn.com/en-gb/money/technology/plans-submitted-for-west-lothian-battery-storage-park-that-can-meet-short-term-demands-of-600-000-households/ar-BB1muqxx?ocid=LENDHP&pc=MALNJS&cvid=67f93324318c4807a0c8438e57cc5d61&ei=77

[dr darkstar] 16/5/2024 20:04

... and that's the perennial IES issue .. weak on positioning and influence; hopefully that changes from next week

[vatnabrekk] 16/5/2024 18:57

Similar situation in Shetland where Zenobe are seeking permission to install a 70MW lithium BES system and the local council have raised an objection on the grounds of risk of fire and toxic fumes in the middle of an industrial and residential area. The decision has been referred to the Scottish government, and it is widely expected that they will approve the project.

It seems no-one is suggesting that they could resolve the issue by using VRFBs instead!

[dontay] 16/5/2024 12:43

Battery storage compound refused over 'toxic gas explosion' fears.COUCNILLORS have refused plans for a massive battery storage compound in the Thornbury area amid fears of "toxic gas plumes in a lithium explosion" near homes.But the fate of the proposed energy plant now lies in the hands of a more senior South Gloucestershire Council planning committee because the decision went against officers' advice to approve.The 200-megawatt facility at Earthcott Green Farm, near Alveston, would store energy produced by renewable sources such as solar for when it is needed most during peak hours in the evening and could power 500,000 homes for two hours during an outage on the National Grid, preventing a blackout.Https://www.gazetteseries.co.uk/news/24320909.battery-storage-compound-refused-toxic-gas-explosion-fears/

[megaman2] 16/5/2024 10:30

Bit weird again from u kemche ..
It's c 23p to buy actually 22.948 p..

Why are you posting your post again which was clearly wrong ?? Maybe I missed something..is it to do with your guru again that nobody else has heard of ?
Id keep it quiet to be honest ..

On a separate note I saw a few piis claiming they where supporting the company by exercising their 23p shares . I'm not convinced of the merits of that when you can buy on the market at the same price and support the share price without more dilution . If £56 mill turns out not to be enough was it worth the support ...questionable imo .

[kemche] 16/5/2024 10:21

kemche - 03 May 2024 - 14:33:19 - 6503 of 6576 Invinity - a new beginning and Troll free - IES

I suspect some will become available at sub 23p in the coming days and weeks. But that is only a suspicion mind. A guess at most. An idle notion if that. A mere whim.

[happydays2004] 16/5/2024 09:29

What are your thoughts re profit if we get a spike in Vanadium prices similar to 2018 which put Dailan VRFB on hold for 2 years?

[owenski] 16/5/2024 08:58

Fully funded for a couple of years, so if Mistral is what they promise it to be, then buying at these levels is certainly a better risk proposition than buying at 150 and sitting on ones hands doing nothing.

Need to start cranking some orders out.

[megaman2] 16/5/2024 08:49

I'm just working with the broker figures but some clarity would be useful.although c £122 mill revenue seems the figure to get to which is a huge leap from where we are currently . It's not just winning the contracts but delivering them in a timely manner . Need orders asap if there is reality of them being delivered next year .

[aja2] 16/5/2024 07:47

Their target for Mistral at launch is 46% less than VS3 so basing it on 30% is a huge difference.

[megaman2] 16/5/2024 06:24

My figures might be wrong as I didn't add on the staked money to the revenue which would make a huge difference increasing cost for mwh to £655k needing only 184 mwhbti break even . Still a big number I hope that's the case .