Invinity Energy Systems Share Discussion Threads

[dr darkstar] 29/11/2024 15:57

Indiestu ... exactly

[theoldtrader] 29/11/2024 15:25

Adam Howard was a Director of Banking and Investments at the UK Infrastructure Bank (“UKIB”). He was responsible for Solar & Grid at the UKIB and worked on transactions across the energy and infrastructure sectors, in support of the Banks’ twin objectives to tackle climate change and support UK regional economic growth.

Interesting Solar and Grid in the UK he was responsible for useful for Invinity on moving forward no doubt.

[indiestu] 29/11/2024 14:57

I wonder if the NWF had him installed as CFO to look after the taxpayers investment and ensure they get the return on investment they are banking on. Fascinating stuff.

[marktime1231] 29/11/2024 11:59

So the new CFO is the guy who just approved the major investment on behalf of UK plc. How did that get past the scrutineers?

[kemche] 29/11/2024 09:54

sp being forced to chop through some forced selling due to fund redemptions, but those are easing and in no way diminish from the fact that this Company is reaching critical mass of course. Notice how 'payments in advance' that allow IES to purchase components and NOT have to suffer the historic problems of working capital deficits where material orders would cause near-term cash strains. This is a reflection of the Company's improving stature in the marketplace and therefore leverage in negotiations. Great, great news.

[our haven] 29/11/2024 09:47

He is the new CEO.

[indiestu] 29/11/2024 09:16

I made a study using some fib extensions and referencing the rally off a higher low in Dec 22 which took the price from 20p to 60p. Using the same fib extension target of 261.8% which was hit in two weeks in Dec 22 I'm calling a short term target here of 40p. This is interesting as it has historically been an area of congestion. Granted we must consider the massive dilution over the last couple of years but a m/c of 200 mil does not seem unreasonable as IES progress the soft launch of their first truly commercial product.

[vatnabrekk] 29/11/2024 08:17

Who was their previous CFO or did they not have one?

[our haven] 29/11/2024 08:00

This looks like an excellent appointment to me. With his experience, he has lots to bring to the table and should lead to a much quicker development of Invinity.Hopefully the market will agree.

[indiestu] 29/11/2024 07:09

Now it all becomes clear how Marren won the CEO power struggle. His mate Howard was at the NWF and is now on board with IES. This is starting to get very interesting. Why has Howard made that jump? He is betting it's going to make him very wealthy.

[wheeze] 29/11/2024 07:04

Invinity Energy Systems plc (AIM: IES) (AQSE: IES) (OTCQX: IESVF), a leading global manufacturer of utility-grade energy storage, is pleased to announce the appointment of Adam Howard to the role of Chief Financial Officer and Executive Director on the Board of Invinity, effective 09 December 2024. Adam was previously a Director of Banking and Investments at the National Wealth Fund ("NWF"), responsible for leading the financing of energy and infrastructure projects in support of the UK's Net Zero transition. Prior to joining the NWF he spent over 15 years working in the energy and natural resources sectors at EBRD, ING Barings and Lloyds Bank, with a focus on direct equity and capital markets. During his career, Adam has advised and led over 30 transactions raising £4bn of capital for growth companies from Europe to Central Asia. Adam holds an Executive MBA from INSEAD and MSc Financial Economics from the University of Leicester.

[theoldtrader] 27/11/2024 19:37

This link is better instead of a Pay Wall-



The whole Article mentions Sumitomo Electric mostly, not covering its competitors.

The aim is to shine a light on the company in the Vanadium Sector. The one thing that changes the playing field within Energy Storage in the Vanadium field is cost.
Invinity Energy Systems Mistral Project aims to cross that.
New Invinity will have 3 operating Projects USA(PNNL/Taiwan(Everdura)/Spain(Gamesa). The information will be shared to confirm targets from the Canada Mistral Development Team. This has been operational since December 2023 and passed Validation in February 2024. This will show a 30% greater energy capacity and a 33% cost reduction from the VS3 model.
The figures are from PNNL/OCED Long-Duration Energy Storage (LDES) Demonstrations Lab Call(26/11/24)

[colinp] 27/11/2024 11:49

Interesting article re flow batteries, from Washington Post, supports Vanadium over Lithium.

[robertspc1] 25/11/2024 19:45

The share price tells you otherwise. Lithium continues to eat everything in its path

[goodgrief] 25/11/2024 10:52

VFB now really coming into its own with the energy transition because we're looking at longer-duration batteries. We are entering a completely new phase of the energy sector where the economics of these batteries will become very compelling.hTTps://www.pv-magazine.com/2024/11/25/horizon-powers-up-vanadium-battery-tech-trial-in-australia/

[theoldtrader] 22/11/2024 10:30

On the Article the only difference is they will control costs now and Mistral cost of Storage is not $60/MWh any more but less nearly the $50/MWh.

[indiestu] 22/11/2024 09:20

Breakfast reading if anyone is still breathing out there. It's a new article but the interview with Zilch was back in September before he retired so I'm not sure if there is anything new in it.

[indiestu] 22/11/2024 08:19

The current nominal value is EUR0.01. The reduction in capital is only required due to the nature of the transaction and the current share price. So no change.

[davemac3] 22/11/2024 08:03

The reduction in nominal value down to 1p means they can issue shares for options, fund raising etc down to that level

[indiestu] 22/11/2024 07:52

I was convinced the re-domiciliation would be bundled with a share consolidation. It wasn’t, only a capital reduction which should have no effect on share price. Got me to thinking why wouldn’t you take this opportunity to do a consolidation. The only reason I can think of is that they didn’t feel the need. They must feel the progress that is being made and the news that will be coming over the future months will increase the value of the company and that will be reflected in a more respectable share price. No consolidation means no change to the current Gamesa stake option. Gamesa have not pushed to grab a bigger stake down the line. Fair play that they are comfortable being treated equally.

[indiestu] 15/11/2024 11:24

Has anyone managed to get their hands on this report? The user license is a little pricy for me but it would be a very interesting read if anyone has access.

Thanks

[theoldtrader] 15/11/2024 09:32

This was floated in the Election , the Unions view was stated any action on Defined Pension Public or otherwise which puts members future payments at risk will be met with industrial action (UNISON, UNITE ,GMB).

The upside is if you are a public employee presently and pay into a Public Pension and you feel confident in Labour outcome. On the other side if you are a public Employee but feel not so confident you can cover your options by Investing in Invinity Energy Systems via a Stock/Share ISA knowing they will benefit from the £80 Billion Net Zero 2030 outcome.

In further news Invinity Energy Systems

THE OFFICE OF CLEAN ENERGY OCED 13 November 2024 22 hours ago

With support from Invinity Energy Systems, DPC plans to develop a comprehensive workforce training program that covers critical technical areas

hxxps://www.energy.gov/sites/default/files/2024-11/CBC_LDES_Dairyland_11.4.24.pdf

hxxps://www.energy.gov/sites/default/files/2024-11/Factsheet_LDES_Dairyland_11.4.24.pdf

Dairyland Awarded DOE Battery Storage Cooperative Agreement for Rural Communities November 14, 2024

hxxps://www.wisbusiness.com/wp-content/uploads/2024/11/Dairyland-Receives-Battery-Storage-Award-for-Rural-Communities.pdf

[indiestu] 14/11/2024 11:17

My guess is that the Government are intending to fund the investment into energy infrastructure through Reeves's pension ‘megafundsR17;. That's £80 billion on the table. We should find out a little more this evening in the Mansion House speech.

[indiestu] 14/11/2024 11:08

Thank you for sharing Colsmith. That's an interesting website and answers my point entirely. Before fossil fuel generation can be turned off the energy storage mediums need to be in place and tapped into the grid to regulate power from clean generation. The energy transition gets more interesting by the day. The scale of the investment required is staggering. The opportunities are immense for IES if Mistral proves a success which I am sure it will be considering the Siemens partnership.