Invinity Energy Systems Share Discussion Threads

[vatnabrekk] 27/4/2024 21:48

Definitely referring to IES!

[doctorbgreg] 27/4/2024 21:30

hxxps://www.energyandcapital.com/are-25-year-batteries-possible/

Have a little read of this, guys! Article discussing an un-named British Vanadium Battery Company. Published about 4 hours ago. Interesting read.

[dontay] 27/4/2024 11:21

G7 to target sixfold expansion of electricity storagePlease use the sharing tools found via the share button at the top or side of articles. Copying articles to share with others is a breach of FT.com T&Cs and Copyright Policy. Email [e-mail] to buy additional rights. Subscribers may share up to 10 or 20 articles per month using the gift article service. More information can be found at https://www.ft.com/tour. https://www.ft.com/content/ffd38d2b-4679-42e6-a883-3063cfbca716?sharetype=blocked G7 countries are set to agree a global target this weekend to increase electricity storage capacity sixfold from 2022 to 2030, as countries grapple with how to keep the lights on while shifting to intermittent wind and solar power.Ahead of a two-day meeting starting on Sunday, climate ministers have "agreed in principle" a global goal for electricity storage capacity of 1,500 gigawatts in 2030, up from 230GW in 2022, according to a draft document seen by the Financial Times.That includes the use of batteries, hydrogen, water or other solutions to store electricity.There are fraught discussions on several other areas, with coal among the most contentious, along with energy efficiency and methane targets. Japan in particular has pushed back against an ambitious shift away from coal.The current text, which has not been agreed, says countries should phase out the use of coal power from which emissions are not captured shortly after 2035. Under new rules unveiled by the US on Thursday, coal plants planning to stay open beyond 2039 will have to cut or capture 90 per cent of their carbon dioxide emissions by 2032.The talks mark the first time G7 energy and climate ministers have met since almost 200 countries agreed at the UN COP28 climate talks in December to "transition away" from fossil fuels. At the meeting in Dubai they also agreed to double energy efficiency and triple renewable energy capacity by 2030.The burning of fossil fuels is by far the biggest contributor to global warming, but the shift to renewables has raised major questions about energy supplies at times when the wind is not blowing and the sun is not shining.  One official involved in the G7 talks said the energy storage target was a "good" solution and showed that countries were taking the agreement reached in Dubai seriously by focusing on implementation. Energy storage aims to stockpile excess energy when conditions for renewables are optimal, using options such as batteries, then discharge it as necessary.Hydroelectric dams currently provide the greatest store of renewable energy, but only about 15 per cent of energy is generated by hydropower. The International Energy Agency expects batteries to account for 90 per cent of new storage.The G7 will "promote stationary battery storage development and deployment to increase storage efficiency and reduce storage costs," as well as "encourage a diversified, sustainable, secure and transparent supply chain for battery storage", according to the draft.The International Energy Agency said this week that the "rapid expansion" of batteries would be critical to meeting the energy goals set at COP28.It found that growth in batteries outpaced almost all other clean energy technologies in 2023, with 42 gigawatts added to electricity supplies around the world thanks to falling costs, better technology and supportive industrial policies.Battery costs have fallen by more than 90 per cent over the past 15 years, one of the fastest declines ever seen in clean energy technologies, the IEA said.In draft language not yet signed off by ministers, the document also proposed backing a push by the world's richest countries to end subsidies for fossil fuel development abroad, the biggest source of international public finance for the sector.Ahead of discussions scheduled in June, the US and the EU have differed over the extent of a proposed ban on OECD countries extending export credit agency loans and guarantees for oil, gas and coal mining projects.

[indiestu] 27/4/2024 08:10

This got me thinking. If 24% of shares are not held in public hands and the directors own and have options over 11% does this mean IES currently have 13% of shares in treasury they can use in negotiations or could that block be reserved for the Siemens option? This is pure speculation so hopefully there is someone out there with a better understanding who can put me straight.

[mikemine1] 26/4/2024 13:44

Remember our projects in California? California's renewables are growing and so is her battery capacity and need. Mostly Lithium I think but we are in there and the need for battery capacity in the State will continue to grow.

[hope1815] 26/4/2024 11:27

While researching IES I came across this 23 April 2024 -

CleanTech Strategies Selected by U.S. Department of Energy to Advance Innovations in Flow Batteries, with Close Industry Collaboration-

hxxps://www.streetinsider.com/PRNewswire/CleanTech+Strategies+Selected+by+U.S.+Department+of+Energy+to+Advance+Innovations+in+Flow+Batteries%2C+with+Close+Industry+Collaboration/23104293.html

Reading the Article I find IES partners mentioned and projects on going which is pleasant to know.

Happy Investing

[megaman2] 25/4/2024 18:42

Hold my hand up I got that wrong 😀

[hope1815] 25/4/2024 17:28

Lawrence Arthur Zulch 1.182% 2,258,949
Matthew Harper 0.84% 1,597,80 .
Jonathan Marren 0.15% 280,000

These figures may be out as the sites update every 3 months

Mega seems to have taken it from ShareCast which is out by a few years which shows as a placing 16/11/21 27,000.

VSA Capital Podcast no mention of IES since January 2024,

Happy Investing

[gbcol] 25/4/2024 15:31

Not sure where those figures come from. This directly from Invinity website.

Director's name No. of Shares % Holding
Lawrence Zulch 2,290,199 1.20%

[megaman2] 25/4/2024 15:25

Mind you zulch has 27000 shares ...so huge skin in the game ...

Not.....
Zilch ....£6-£7 k..a huge red flag.
Board need to pull their finger out asap and do the right thing.

[indiestu] 25/4/2024 15:25

How about a Rivian style class action law suit?

[dr darkstar] 25/4/2024 13:37

Time for a PI rebellion?

[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 ...