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Pin to quick picksInvinity Energy Share News (IES)

Share Price Information for Invinity Energy (IES)

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Sunday share tips: Ceres Power, Invinity Energy Systems

Sun, 25th Jun 2023 15:09

(Sharecast News) - The Sunday Times's Lucy Tobin recommended investors buy Ceres Power in anticipation of imminent revenue growth.

Ceres had seen its share price crash since 2021, most recently due to delays due to regulatory delays in China which were delaying a 'milestone' manufacturing agreement with Weichai and Bosch.

But Tobin pointed out that the deal had only been delayed, not dumped.

Worth noting, the Asian giant was still expected to become Ceres's largest market.

Its technology was also notable with the company working with Shell on solid oxide electrolyser cells that could produce hydrogen 20% more efficiently.

And the company wasn´t scaling the manufacturing process itself, instead it licensed its technology to royalty paying partners.

So revenue growth was imminent as more deals were inked.

Indeed, two factories were set to start producing and selling hydrogen products beginning from the back half of 2024.

Analysts at Panmure Gordon concurred with analyst Lacie Midgley saying: "Ceres today is in a much stronger position than two years ago [when the share price was £15].

"It has that pending China [deal], royalties will be feeding through in under a year, two factories are gearing up - the business is miles ahead."

The Financial Mail on Sunday's Midas column tipped shares of Invinity Energy Systems to readers, predicting that the energy storage engineer's fortunes were set to change.

Invinity Energy Systems was formed via a tie-up of US-based Avalon and AIM-listed vanadium battery producer RedT.

In its previous incarnation, RedT had been a consistent disappointment.

Invinity had recently teamed up with Siemens however to develop Mistral, vanadium flow batteries with upfront costs similar to lithium batteries but lifetime costs that were significantly lower.

And commercial sales were expected from 2024.

Wind power was now the largest source of energy for the UK, but too little wind meant that turbines underperformed, whilst too much wind meant they were asked to stop producing.

That was making renewable energy more expensive that it need be and slowing the energy transition.

Lithium batteries could be used to store power to solve the problem of variable wind speeds, but they were best used for short bursts of power, degraded quickly and were highly flammable.

That was not the case for vanadium flow batteries.

Furthermore, Invinity had already sold more vanadium batteries than any other supplier.

And interest in the company's products was surging with projects under way in Australia, Canada and California.

"Backing a loss-making business is never without risk but Invinity is now working hand in glove with engineering powerhouse Siemens and has attracted support from around the world," Midas said.

"At 35p, the shares should go far."

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21 Nov 2022 14:20

IN BRIEF: Invinity Energy enters Taiwan through resale agreement

Invinity Energy Systems PLC - London-based utility-grade energy storage manufacturer - Announces 2.2 megawatt-hour battery sale to Bei Ying International Corp Ltd, a Taiwanese industrial equipment wholesaler.

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Invinity secures largest project to date with California battery

(Alliance News) - Invinity Energy Systems PLC on Thursday said it is helping to develop a new micro-grid project as part of a consortium led by Indian Energy LLC, an entirely Native American-owned micro-grid developer in California.

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12 Oct 2022 12:49

Invinity makes first battery sale into Europe

(Sharecast News) - Utility-grade energy storage manufacturer Invinity announced the sale of a 0.8 MWh Invinity VS3 flow battery system to Equans Belux on Wednesday, for use at one of their sites in Belgium.

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12 Oct 2022 11:18

AIM WINNERS & LOSERS: Physiomics wins deal; DeepVerge eyes cash raise

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12 Oct 2022 10:50

Invinity Energy makes European debut with VS3 battery-system sale

(Alliance News) - Invinity Energy Systems PLC on Wednesday entered the European market following the sale of one of its battery systems to Equans Belux, a Belgian multi-technical installations and maintenance services provider.

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7 Oct 2022 11:51

IN BRIEF: Invinity Energy sells battery system to provide power in US

Invinity Energy Systems PLC - London-based energy storage company - Sells a 1.3 megawatt-hour Invinity VS3 flow battery system to Kinetic Solutions LLC to use in a microgrid, providing power to a data center in Arizona, US. The sale is for an undisclosed sum. Says the battery system will be installed alongside a 400 kilowatt-hour of solar PV at a data center. Kinetic will use the Invinity battery system to operate the data center on renewable power 24 hours a day, 7 days a week and mitigate the effects of power outages. Expects shipment of the battery solution for early 2023.

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7 Oct 2022 11:10

Invinity gets order for data centre battery system

(Sharecast News) - Utility-grade energy storage company Invinity announced the sale of a 1.3 MWh 'VS3' flow battery system to Kinetic Solutions on Friday, for use in a microgrid providing around-the-clock power to a data centre in Arizona.

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29 Sep 2022 10:33

IN BRIEF: AFC Energy to hire Invinity Energy Systems CFO as new CFO

AFC Energy PLC - Surrey-based hydrogen power generation technologies provider - Intends to hire Peter Dixon-Clarke as its new chief financial officer. Says will announce when his appointment will be effective in due course. Dixon-Clarke has been involved in equity fundraising, debt financing and refinancing and strategic roles and reorganising financial teams and systems, AFC Energy says.

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30 Aug 2022 19:16

IN BRIEF: Invinity completes shipment of batteries via new partner

Invinity Energy Systems PLC - London-based energy storage company - Completes manufacturing expansion, with the first shipment of Invinity batteries worth 1.1 megawatt-hours from new partner Baojia New Energy.

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24 Aug 2022 15:51

UK shareholder meetings calendar - next 7 days

Thursday 25 August 
Ince Group PLCGM fundraising
McBride PLCGM increase in borrowing limit
NatWest Group PLCGM re approval of special dividend
Nuformix PLCAGM
Triple Point Energy Efficiency Infrastructure Co PLCAGM
Friday 26 August 
no events scheduled 
Monday 29 August 
no events scheduled 
Tuesday 30 August 
Afentra PLCGM re acquisition of Block 3/05 and Block 23 interests
Harvest Minerals LtdAGM
iomart Group PLCAGM
JPMorgan Global Growth & Income PLCGM re combination of assets with Scottish Investment Trust PLC
Sivota PLCAGM
Stanley Gibbons Group PLCEGM re delisting from AIM
Wednesday 31 August 
Fulham Shore PLCAGM
GYG PLCGM cancellation of admission of Ordinary Shares to trading on AIM
Invinity Energy Systems PLCAGM
James Latham PLCAGM
Rural Broadband Solutions PLCAGM
Scottish Investment Trust PLCGM re recombination of assets with JPMorgan Global Growth & Income PLC
  
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