Mustang Energy Share Discussion Threads

[megaman2] 23/3/2023 12:09

11
We are still working through the process:hoping to publish an update asap(emailed received!)

From.lse ...
An update ...
Maybe ...
As expected really but how does cellcube survive ?

[megaman2] 22/3/2023 12:42

Cellcube liquidation if there is no cash
No prospectus no news no cash

How is this company continuing to trade ?

Invinity has made a net loss of more than $20 million annually for the last 3 years ...

Surely cellcube is similar but it only had $30 million 2 years ago ..doesn't add up. No orders since November senior staff leaving red flags waiving .

[megaman2] 22/3/2023 12:40

Cellcube liquidation if there is no cash

[begorrah88] 22/3/2023 11:18

4 months ago they said 'finalisation process...........which is well underway'Was that just BS? Have BMN been stringing MUST along? Is Gallegos even still there?He certainly isn't bothering to let anyone know anything about where their investments went.

[dontay] 20/3/2023 11:07

Australian Vanadium secures first site for high purity vanadium electrolyte manufacturing in Western Australia.17 March 2023Australian Vanadium (AVL) said it secured a site to build a high purity vanadium electrolyte manufacturing facility in Perth, western Australia.Vanadium electrolyte is required for vanadium redox flow batteries (VRFBs) used for long duration energy storage.AVL said the facility is part of its plan to add value to the mineral it will mine south of Meekatharra, with further processing planned for a site near Geraldton.Vanadium electrolyte manufacturing is key for AVL. It will be using US Vanadium LLC's electrolyte manufacturing technology with an exclusive licence for Australia and New Zealand.Graham Arvidson, AVL's CEO said the site is its first high purity vanadium electrolyte manufacturing facility. "With detailed design now complete and long lead equipment ordered, we are positioned to become a near term producer."Deliveries of all long lead equipment items are expected during the second quarter of 2023.The facility will be able to produce up to 33MWh per year of high purity electrolyte for the Australian and New Zealand VRFB markets.Https://www.bestmag.co.uk/australian-vanadium-secures-first-site-for-high-purity-vanadium-electrolyte-manufacturing-in-western-australia/?mc_cid=c058c95837&mc_eid=a78405b32f

[megaman2] 19/3/2023 17:33

Why are you posting this it was 4 months ago ? How they will finance this is more pertinent ....how is cellcube still keeping the lights on ? This must come to a conclusion asap ..I dont believe they have announced any contracts since ...

[dontay] 17/3/2023 09:40

CellCube tweet.More than happy to announce the signing of a 4MW-16MWH lighthouse project in Australia – the continent's largest VRFB system! Moreover an Agreement for common VRFB production with NHCE has been concluded. cellcube.com/australia-one-...Https://www.cellcube.com/australia-one-step-closer-to-24-7-green-power-supply-with-north-harbour-clean-energy-and-cellcube-plans-for-vanadium-redox-flow-battery-manufacturing-facility-and-purchase-of-4mw-16mwh-vrfb-lighthou-2/

[dontay] 10/3/2023 13:57

FLOW BATTERIES EUROPE.Ambitious global targets have been set for flow batteries.Flow Batteries Europe has recently published a position paper on Flow Battery Targets, outlining an ambitious goal of achieving 20 GW and 200 GWh of flow batteries globally by 2030, which is a key step towards meeting the European Green Deal's renewable energy targets.The position paper identifes a realistic yet ambitious flow battery target which was agreed in collaboration with Flow Batteries Europe's members which sends a strong signal to EU policymakers and private actors.In addition, the paper also highlights how long-duration energy storage (LDES) are vital to guarantee energy security in Europe and identifies flow batteries as an essential solution to mitigate the variable supply of renewables and stabilise electricity grids. It also reiterates the the importance LDES to ensure a stable and continuous supply of energy to communities, cities, and countries over long periods of time.Given the numerous advantages of flow batteries for LDES applications, we want to encourage the European Commission to acknowledge and endorse our flow battery target to help flow batteries become a European clean tech success story.Make sure to read the full position paper below on Flow Battery Targets. READ NOW..............Https://flowbatterieseurope.eu/news/ambitious-global-targets-have-been-set-for-flow-batteries/

[dontay] 10/3/2023 10:12

Peter Oldacre.Head of Growth Strategy of the Austrian battery energy storage system manufacturer, Enerox GmbH (CellCube) moves across to business partner - Kibo Energy to become - Group Business Development Executive.Group Business Development Executive AppointmentFri, 10th Mar 2023 07:00RNS Number : 4959SKibo Energy PLC10 March 2023Peter Oldacre, over the last 15 years, has been instrumental in successfully developing 1,250 MW (One thousand two hundred and fifty MW) of solar and wind projects across North America, Europe, Middle East and Africa (EMEA), in a variety of senior Executive Corporate Appointments to eventually head the Growth Strategy of the Austrian battery Kibo hits critical strategic milestone in CellCubeKibo Energy PLC - Galway, Ireland-based company with energy projects in Africa and UK - Announces it has achieved its first major framework agreement target by placing the first commitment to purchase the first two proof of concept projects. These projects relate to its signed strategic five-year framework agreement with CellCube to deploy long-duration energy storage in Southern Africa.This comes shortly after Kibo signed a rolling five-year agreement with Vienna-based Enerox GmbH in May to develop and sell CellCube-based vanadium redox flow batteries in selected sectors in southern Africa. The contract seeks to deliver a project pipeline expected to exceed at least 1 gigawatt over the course of five years.Https://www.ajbell.co.uk/articles/latestnews/246823/brief-kibo-hits-critical-strategic-milestone-cellcube-agreement

[dontay] 09/3/2023 09:32

*World's biggest lenders and investment banks increasingly figuring in storage financings.*Strengthening conviction regarding the potential of standalone projects and long-duration storage.*Santander and Goldman Sachs among the institutions with the most extensive track records.3 MARCH 2023In a sign that energy storage is increasingly being viewed as a mainstream asset by the finance community, some of the biggest lenders and investment banks in the world have provided backing for storage deals in recent times. Such is the increasing confidence in the ability of energy storage to produce attractive returns that major players such as Goldman Sachs have shown a willingness to back companies that develop standalone storage – previously, the biggest finance providers had generally confined themselves to projects that combined storage with solar. This reflects the fact that there is a growing consensus among finance providers that standalone storage projects represent the best way to consistently incorporate green energy into the grid. In another example of the market's evolution, leading lenders and investment banks are now convinced of the need for utility-scale long-duration storage – so much so that they are providing substantial finance for alternatives to lithium-ion batteries, such as compressed air storage technology.Santander has been one of the pioneers of green energy finance and has developed an impressive track record in the field. Goldman Sachs also stands out as one of the more forward-thinking financial institutions when it comes to energy storage investments. However other big lenders and investment banks are piling in, and the last year saw the likes of Morgan Stanley, J.P. Morgan and Bank of America figure in some of the sector's biggest financings.Here we bring you a run-down of the track records of major lenders and investment banks in the field of energy storage investment:..................Https://www.tamarindo.global/articles/major-lenders-and-investment-banks-faith-in-storage-grows

[begorrah88] 08/3/2023 13:23

There us no definitive maximum period for how long a share can remain suspended but the FCA have the authority to cancel a stock listing if the company cannot prove ability & intention to relist (if it was suspended as a result of a company request).I'd say we are in the territory now when the FCA is looking very closely at MUST.

[dontay] 08/3/2023 11:19

Bushveld Minerals.Today we celebrate a milestone for our first of its kind 3.5MW solar PV and 1 MW/4 MWh VRFB mini-grid project. Our @cellcube battery has arrived on site at Vametco mine. #renewableenergy #vrfbs #energystorageHttps://twitter.com/bushveldmin_ltd/status/1633419842219921410?s=46&t=23Xg_duPnX4O4imSF2LEFw

[dontay] 08/3/2023 09:35

Five substation sites specified in 513 MW battery storage tender.7TH MARCH 2023 The Department of Mineral Resources and Energy (DMRE) has confirmed that five substation sites have been specified by Eskom for the public procurement of battery energy storage systems (BESS) with a combined capacity of 513 MW and a minimum of four hours of storage, or at least 2 052 MWh.A bid submission date of 17:00 on July 5 has been set and preferred bidders will be announced about two months thereafter. The projects are expected to be in operation 24 months after reaching commercial close.The request for proposals (RFP) was launched on March 7, but the documentation is available for download only once a prospective bidder provides confirmation that the R25 000 documentation fee has been paid.The IPP Office tells Engineering News that the payment of a documentation fee has been standard practice for all of South Africa's independent power producer programmes ever since the launch of the first bid window of the renewable procurement programme in 2011.There have subsequently been six other renewables bidding rounds, as well as a risk mitigation bid window, through which 11 904 MW of mostly wind and solar capacity has been procured from 134 projects. Not all of the projects have reached financial close, however, and a coal procurement programme was abandoned.The IPP Office tells Engineering News that the total capacity being procured is 513 MW and a minimum installed energy rating of 2 052 MWh has been stipulated, but the actual installed energy rating will be a bidder risk and part of a bidder's business case.The programme's technical parameters have been provided by Eskom Transmission's system operator, together with transmission grid planning and distribution network planning, which identified the following substation sites:Aggeneis 77 MW, at a minimum installed energy rating of 308 MWh;Ferrum 103 MW, at a minimum installed energy rating of 412 MWh;Garona 153 MW, at a minimum installed energy rating of 612 MWh;Mookodi 77 MW, at a minimum installed energy rating of 308 MWh; andNieuwehoop 103 MW, at a minimum installed energy rating of 412 MWh.All the substations are located in the Northern Cape, and each bid response must be for the full substation energy storage capacity. The department intends selecting a single preferred bidder at each substation.The RFP does not stipulate the type of battery technology, but the IPP Office stresses that the solution must be capable of performing in accordance with the RFP requirements.........Https://www.engineeringnews.co.za/article/five-substation-sites-specified-in-513-mw-battery-storage-tender-2023-03-07/rep_id:4136#.ZAef87P24Yk.twitter

[dontay] 07/3/2023 12:06

C-Tech Innovation Ship 2 million Litre Per Annum Vanadium Electrolyte Manufacturing EquipmentOn Friday 17th February our first vanadium electrolyte manufacturing facility of 2023 was dispatched from C-Tech Innovation's site in Chester, UK. The shipment which will produce 2 million litres of finished vanadium electrolyte per year is now making its way over to Vecco Electric Pty Ltd (part of Vecco Group), who work with multiple world leading battery companies. Work started with Vecco in early 2022 to design and build their vanadium electrolyte manufacturing facility. Our proprietary electrochemical process was developed by our very own C-Tech Scientists, scaled up to full plant design by our in-house Engineering Design team and will be installed and commissioned by our Engineers at Vecco's site in Townsville, Queensland. Vecco's electrolyte manufacturing facility will form part of the larger scale 'Debella Critical Minerals Project' in Queensland, Australia, which will produce high purity vanadium for the flow battery market. The mine will ultimately feed the electrolyte manufacturing facility that will provide a secure source of electrolyte for battery storage projects across Australia. Https://www.ctechinnovation.com/vanadium-electrolyte-manufacturing/

[begorrah88] 07/3/2023 11:52

Still not even the slightest sign of any progress.What a shamblesThey might have to call it a day soon as the funds to pay the £100k+ pa that DG is taking for not getting a prospectus out must be running out.

[dontay] 07/3/2023 09:17

REQUEST FOR QUALIFICATION AND PROPOSALS (RFP) UNDER THE BATTERY ENERGY STORAGE CAPACITY BID WINDOW OF THE INDEPENDENTPOWER PRODUCERS PROCUREMENT PROGRAMME Battery Energy StorageIPPPP Tender no: DMRE/028/2022/23IN ACCORDANCE WITH THE MINISTERIAL DETERMINATION AS GAZETTED ON THE 25 SEPTEMBER 2020, THE MINISTER OF MINERAL RESOURCES AND ENERGY, IN CONSULTATION WITH THE NATIONAL ENERGY REGULATOR OF SOUTH AFRICA HAS DETERMINED THAT THE DEPARTMENT IS TO PROCURE 513 MW OF NEW GENERATION CAPACITY FROM ENERGY STORAGE.THE BATTERY ENERGY STORAGE IPP PROCUREMENT PROGRAMME IS BEING DESIGNED BY THE DEPARTMENT IN ORDER TO FULFIL THE MINISTER'S DIRECTIVE.Programme MilestonesESIPPP Programme preliminary milestone dates, subject to change, are as follows:Bid Window 1RFP released in the market 7th March 23Bid Submission 5th July https://www.ipp-storage.co.zaHttps://www.ipp-storage.co.za

[dontay] 03/3/2023 14:54

Battery storage sector prepares for first wave of large-scale project augmentations.March 2, 2023.The battery storage sector is about to enter its first ever phase of large-scale augmentations of systems as they reach 3-5 year degradation points and there are questions over how this will pan out, a representative of Burns & McDonnell told Energy-Storage.news."Most battery storage projects will add or replace battery capacity within the first three to five years as those existing batteries degrade, typically by 5-15% in that period. There are a lot of questions as we hit this first round of augmentations because we really haven't seen augmentations executed in a major way yet," said Jason Barmann, Energy Storage Technology Manager for the engineering, procurement and construction (EPC) firm.Barmann agreed that since the big ramp-up in utility-scale battery storage deployments has been over 2020-2022, the coming few years will be the first big wave of augmentations.Over 2020, 2021 and 2022 the UK deployed 300MWh, 600MWh and 800MWh respectively, each a record-breaking figure, while the US did 9.5GWh and 12GWh in the last two years respectively (UK figures from Solar Media's Market Research team and US figures from the American Clean Power Association)...............Https://www.energy-storage.news/battery-storage-sector-prepares-for-first-wave-of-large-scale-project-augmentations/

[dontay] 02/3/2023 10:45

World needs 'collaborative competition to capture US$4 trillion long-duration opportunity'.March 1, 2023Long-duration energy storage (LDES) was firmly on the agenda and one of the main talking points among attendees at last week's Energy Storage Summit EU in London.As the global transition to renewables-based energy systems picks up speed, so too does the need for energy storage. Balancing the grid at less than 20% penetration of variable sources like solar PV and wind is not considered challenging, but once that threshold is exceeded, it becomes more complicated.Some grids have already passed that mark and are for the most part where the biggest markets for battery storage tend to be found. In those situations, lithium-ion battery energy storage systems (BESS) are being commonly used, with between about an hour and four hours storage duration.However, as Julia Souder, executive director of the Long-duration Energy Storage Council (LDES Council) said in a presentation, once the share of renewables goes to about 60% or above, the need for LDES assets becomes acute.The LDES Council was launched at COP26 in 2021. What Souder said is remarkable about it is that along with numerous LDES technology providers, there are also service providers and large energy off-takers among them – including Google and Microsoft to name just two.Part of the council's role is to "debunk the myth" around LDES – that the technologies involved are not commercial yet. Many of them are, and they just need to scale up, Souder tells Energy-Storage.news in an interview.Another part of its role is to show the world not only how urgent the need for long-duration is and will be, but also that long duration technology, like solar, wind and BESS before it, represents a huge business opportunity.................Https://www.energy-storage.news/world-needs-collaborative-competition-to-capture-us4-trillion-long-duration-opportunity/

[megaman2] 28/2/2023 05:54

This surely must come to a conclusion very soon one way or another .cellcube is broke and needs an urgent capital injection if must can't facilitate that something else will happen . I can't believe a further extension will happen without funds being Injected into cellcube so expecting a conclusion one way or another by end of march . Garnett cellcube are not in position for further delays the relationship must be as bad as ever .

[dontay] 24/2/2023 10:27

It's Technology Metals' time to shine with vanadium demand set to double by 2032.23 FEB 2023With a current market of ~110,000 tonnes in 2022, commodity analysts CRU Group expects vanadium demand to double by 2032, owing more than 90% of this growth to its use in Vanadium Redox Flow Batteries (VRFBs)......................Https://stockhead.com.au/resources/qa-its-technology-metals-time-to-shine-with-vanadium-demand-set-to-double-by-2032/

[dontay] 23/2/2023 13:59

VSUN Energy Tweet. (VSUN Energy is a subsidiary of CellCube's partners - Australian Vanadium (AVL). Https://www.australianvanadium.com.au/12GWh production capacity! Beijing Xingchen New Energy Technology Co., Ltd. and the government of Xiaochang County, Hubei Province will together build an intelligent production base for #vanadium redox flow battery energy storage equipment. The designed annual production capacity is 3GW/12GWh.The first phase of the project will be completed and put into operation in 2023 with a production capacity of 1GW/4GWh. In 2024 the production capacity will be expanded to 2GW/8GWh. In 2025 the production capacity will be fully reached & the production capacity will be 3GW/12GWh#VRFB $AVL

[begorrah88] 22/2/2023 14:19

....& yet DG, with all the experience he bought to the table, is completely unable to put together a prospectus after 22 months of preparation....& remember, we won't hear about the next extension until the end of April because they handily keep building in a 28 day grace period.Those pesky guys at the FCA eh? What are they like?

[dontay] 22/2/2023 11:11

Phenom Provides Relevant New Developments in the Vanadium Space.Tue, February 21, 2023Vancouver, British Columbia--(Newsfile Corp. - February 21, 2023) - Phenom Resources Corp. (TSXV: PHNM) (OTCQX: PHNMF) (FSE: 1PY0) ("Phenom" or the "Company") is pleased to share new relevant developments in the vanadium space.Just in the last week, four offshore vanadium redox flow battery (VRFB) manufacturers have indicated plans to build vanadium battery factories in the USA. A February 13, 2023 article by Energy Storage News reported that Sumitomo Electric from Japan, H2 Ltd. from South Korea and VFlowTech from Singapore will be building battery plants in the U.S. The link to the full article follows: Sumitomo Electric to expand US flow battery business (energy-storage.news). The Company also became aware last week that another South Korean VRFB manufacturing company, Korid Energy also intends to build a plant in the U.S.Paul Cowley, Company President & CEO states, "These sudden multiple expansion plans by these companies speaks of their confidence in the future need of their VRFB globally, and particularly, positioning early in the high growth U.S. large capacity battery market."Paul Cowley, Company President & CEO continues, "To add to that, we have been approached by three vanadium battery manufacturers in the last three weeks seeking off-take agreements with us for the vanadium from our Carlin Vanadium Project. We will consider relationships that benefit the Company at the appropriate time, but the key takeaways are that these companies already foresee a raw materials gap in the domestic battery supply chain for large capacity batteries and to lower their risks, they are going to the source to secure critical mineral supply. This is also currently happening in the EV space where automotive and EV battery companies are establishing relationships with mining companies to secure their key raw materials."Paul Cowley, Company President & CEO states further, "We view these developments as an awaking and realization of the growing vanadium battery market prompted by China's adoption and scaling-up of VRFB projects over the last 5 years, their successful operating performance, and the strong message of support and financial assistance of grants and tax credits being provided by congress for the development of America's battery supply chains."Story continues..........Https://finance.yahoo.com/news/phenom-provides-relevant-developments-vanadium-142500823.html

[dontay] 19/2/2023 15:51

Vanadium Market Update: VRFB Strengthening Assets.Capital 10X highlights vanadium often, we think this a very undervalued commodity tying into the theme of the energy transition. In January, we've seen a continued increase in vanadium prices globally. Vanadium prices increased by approximately 6%, and 29% since September last year.The rise in vanadium prices came on strong news from the vanadium energy storage industry, with a spotlight on China. Several battery and electrolyte projects greater than 100MWh were announced over the past few months; the commissioning of Dalian-based 100MW / 400MWh vanadium redox flow battery (VRFB) system was the major highlight. This is the largest project and the world, and reveals China's keen interest in the roll out of VRFB technology.Each 200MWh of battery capacity is approximately 2,000 mt of V2O5 equivalent or 1% of production. 2023 estimates are as high as 2 GWh of total new VRFB projects, representing approximately 10% of global vanadium production and more than double the total installed capacity since the 1980s. These projections have the potential to transform the vanadium industry.We've made a report about the increasing market potential for vanadium and VRFBs see our video summary:........Https://capital10x.com/vanadium-market-update-vrfb-milestones-strengthening-assets/

[jonny_wright] 17/2/2023 17:17

I hear Mustang energy is a good place to park your cash, won't be able to access it though for a 2/3 years and who knows what the interest rate will be