Invinity Energy Systems Share Discussion Threads

[robertspc1] 25/4/2024 12:11

The CFO said a while back that the strategic investment would likely be done at the prevailing price so that's why there is no bounce ahead of the investment. He also indicated they may offer a similar price retail offer but that option may have disappeared given the dismal share price performance. Tbh the whole Board deserve to be fired here given the shareholder value destruction

[megaman2] 25/4/2024 10:26

You make a good point though that zulch and CFO have no credibility or trust to deliver regardless of what happens the board are apathetic and toothless and both should have been replaced by now having overseen a 90 % destruction of the share price ..slapping themselves on the back every time they dilute at the eleventh hour at ever decreasing levels.

[indiestu] 24/4/2024 19:50

I hope it does come good. I merely offer an alternate view that the share price does not reflect any interest from strategic investors. If they were negotiating with multiple prospects it is difficult to believe that there would be no leaks and hence buying in the market. As the share price is falling there are only sellers. That is clear. In business there are yeses, nos and maybes. This is a maybe, that's why it is not progressing. Should there be no strategic investors the only remaining option is a fire sale. It's not that I don't take their word as honest in the RNS it is just that they have a history of making promises and not delivering. Same as all snake oil salesmen.

[tom_w3] 24/4/2024 19:06

A few conclusions being drawn there. It has always been messaged that this is a strategic investors buy in (not retail). The last RNS heavily intimates that they have interested strategic investors queuing up and in the process of finalising. I'm going to take them on their word on that

[hope1815] 24/4/2024 19:05

In the coming few months Invinity Energy Systems will be attending a few venues across the world through May and June. The event in Australia will be held from 21 May through to 22 May VSUN Energy /Horizon Power will be attending.


Mr. Salim Mazouz,(Branch Head, Policy and Engagement Branch, Office of the Capacity Investment Scheme) will be talking about "Australia's biggest ever renewable announcement", the Capacity Investment Scheme. With the commitment to 32GW of renewables across Australia, 9GW of this into energy storage.

I will list further events that IES will be attending in Scotland in June, the USA from June to August, and other Countries/Regions.

Trawling through the events just looking at when Mistral will be mentioned or shown off at some point.

Happy Investing

[megaman2] 24/4/2024 18:12

It's not what the recent rns said if it is CFo CEO both need to resign or be sacked having overseen .a catastrophic fall in the share price

[marktime1231] 24/4/2024 13:12

The dithering is doubly damaging. No doubt Invinity will be sorry it is all taking far longer than ideal.

You can't sell the old model on the eve of launching the new model.

You can't sell the new model without launching it.

You can't launch it until the finance and manufacturing / distribution agreements are in place.

Just get on with it for goodness sake!

[megaman2] 24/4/2024 12:03

Our nearest competitor was cellcube ..I say was as they seemed to have switched the lights off absolutely nothing from them for about 10 months no news on their twitter or news press& funding far worse than here ..I have put the boot into zulch about delivering timescales but others are fairing worse so maybe I'm just looking for someone to blame ..vrfbs have traction in china backed by 100% government support . So far the recent 2 big contracts are backed by government the USA and lodes ..the 50% lodes backing we are still awaiting the private partner 1 year on...

Unknown territory moving forward ...can ies win big contracts without government support ?? How much will the western governments support contracts moving forward ? ies shareholders currently in limbo left speculating .

My concern here is if we just get a few more evdura type announcements with promise of future contracts in years to come and suggestions of break even 1 year from.now or less we will be in the same position after they don't deliver on timescales and run out of money ...again...and at a lower share price like every other year.

[gbcol] 24/4/2024 11:35

Re 6265 it’s a very good question mm. The last order was announced on 3 October last year, the best part of 7 months ago, and even that was for just a pitiful 1.1MWh.

The strategic partnership should not be holding up securing orders. Maybe the impending launch of mistral is and it’s all connected but the wait is a bit painful.

[kemche] 24/4/2024 11:17

"A NASDAQ co-listing or a de-list here/re-list there has been part of the IES conversation since the merger. My view: give it another 6 months and we'll start to hear real murmurings."

[dr darkstar] 24/4/2024 11:09

What fund redemptions??
And why are they forced??

[megaman2] 24/4/2024 10:38

Kemche posted the same post 3 times now ?
Will you keep reposting this every few days ? What's the point?

Must be particularly proud of it or something ...

[mikemine1] 24/4/2024 10:15

Where are these fabled orders?

[kemche] 24/4/2024 10:01

"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."

[mikemine1] 24/4/2024 09:50

We used to wait for news about flagged orders, of which there were many, but now we seem to only waiting for news of link-ups and investment. Has the normal running of the company closed down?

[megaman2] 23/4/2024 11:55

It's a bit of a cliff hanger isn't it . Was thinking I'd forgotten about the broker USA trips..now reference to the UK . Could be why it's took so long maybe there was USA interest that hasn't panned out or a better offer from a UK company or maybe both are investing .excited to find out let's hope it's a blockbuster with rapid acceleration of orders etc and from multiple parties .I've made a stab at EDF also being the lodes partner having already utilised the tech and proven to its shareholders & powers to be it works .

[1teepee] 23/4/2024 11:21

Any bets on who the tier 1 investor could be?

[vatnabrekk] 23/4/2024 09:03

It's standard practice in any of these announcements to say "...there can still be no certainty..."

[tom_w3] 23/4/2024 08:57

'Coming weeks' is less than a month in my opinion

[guppygould] 23/4/2024 08:37

"While there can still be no certainty that all, or any, of these parties will complete their planned investment in Invinity, the Company expects to finalise investment agreements with these partners in the coming weeks."

How long to we consider to be "coming weeks"? The bit about "uncertainty" and "with Invinity" is a little disconcerting...

[gerd212] 21/4/2024 18:42

The JDCA is with Gamesa Electric.

They appear to be performing well enough.







Gamesa Electric’s solar inverter and storage business breaks records in 2023
Activated megawatts tripled and revenues grew by 48%.

JANUARY 17, 2024

After 2022, which saw a boom in Gamesa Electric’s inverter business, 2023 continued the upward trend with record figures both in terms of installations and contracts signed and activated. In fact, inverter sales accounted for 44% of the power systems business unit’s total revenues in 2023.

Specifically, during FY2023, the volume of activated megawatts tripled (+202%) compared to FY2022. In terms of installations, growth was 40%, with projects in 11 countries, including the USA, Spain, Italy, India and Australia, the latter being a strategic market where Gamesa Electric has commissioned 2 projects in 2023. All this increase in activity has translated into a 48% rise in revenues compared to 2022.

In the words of Juan Barandiaran, CEO of Gamesa Electric, “The strong growth of our inverter business unit is thanks to the combination of the fact that we are in a volume market and that the quality of our product is highly valued by our customers”. On the keys to achieving this success, Barandiaran adds “beyond a very competitive range of products such as the Proteus inverter series, I would like to highlight the Gamesa Electric team that has been able not only to maintain what was achieved in 2022, but also to improve it substantially”.

The Gamesa Electric Proteus product range continues to grow and improve. During 2023 the main novelty has been the development of Proteus PCS-E, the battery inverter that works at 1500V and is an ideal product for large energy storage installations.

“The USA is undoubtedly our main market thanks to the great boost that the Inflation Reduction Act has given to the market, but we have also grown in other countries such as Spain, Italy and India, among others”, says Jose Luis Gutierrez, Gamesa Electric’s global sales director. As for 2024, Gutierrez expects that “the trend of strong market growth will continue, especially in storage, where our Proteus PCS-E product can make a difference”.

All in all, it has been another successful year for Gamesa Electric, with strong demand for its products, expansion into new markets and broadening its customer base. The challenges ahead, such as the agreement signed at the recent COP28 to triple renewables by 2030, make us optimistic for the future, where competitive and quality solutions for solar, storage and hydrogen deployment such as those offered by Gamesa Electric will be more necessary than ever. www.gamesaelectric.com

About Gamesa Electric

Gamesa Electric is a world leader in the design and manufacture of electrical equipment, with extensive experience in photovoltaic, hydroelectric, marine propulsion, wind energy and energy storage applications, among others. Gamesa Electric’s portfolio of solutions for solar generation is based on high-capacity central solar inverters such as the new Proteus PV of up to 4.7 MVA, and energy storage solutions for large generation plants. Its advanced technology, combined with extensive operational experience, provides its customers with robust, reliable and high-performance solutions. Gamesa Electric is a company 100% owned by Siemens Gamesa Renewable Energy, a global leader in the wind energy sector with more than 130 GW installed worldwide and global team of more than 28.000 people.

[indiestu] 21/4/2024 13:25

I don't believe Siemens will invest in the forthcoming round. I shared my view that they will not rule out taking up their option in the future should there be a sound business case to do so.

[mikemine1] 21/4/2024 09:23

If you want to provide a link you must change a letter on the https. I don't know why this site needs it but I changes links to Https and that seems to work.