The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksInvinity Energy Share News (IES)

Share Price Information for Invinity Energy (IES)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 23.25
Bid: 23.00
Ask: 23.50
Change: -0.25 (-1.06%)
Spread: 0.50 (2.174%)
Open: 23.25
High: 23.25
Low: 23.25
Prev. Close: 23.50
IES Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

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."

More News
18 Aug 2022 10:29

Invinity Energy Systems shares jump on EMEC project installation

(Alliance News) - Invinity Energy Systems PLC on Thursday said it has successfully delivered, installed and energised a battery system at the European Marine Energy Centre hydrogen research & development facility.

Read more
16 Aug 2022 11:49

Invinity Energy Systems shares surge on joint venture with US Vanadium

(Alliance News) - Invinity Energy Systems PLC on Tuesday said it has signed a non-binding agreement to establish a US joint-venture to build and sell vanadium flow batteries.

Read more
16 Aug 2022 10:54

AIM WINNERS & LOSERS: Sopheon wins deal, Tremor profit falls

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday.

Read more
16 Aug 2022 08:58

LONDON MARKET OPEN: Stocks rise; Ted Baker and Darktrace surge on M&A

(Alliance News) - Stocks in London were higher in early trade on Tuesday, receiving some deal-making impetus, after figures showed the UK jobless rate was unchanged in June, but wages fell markedly on an inflation-adjusted basis.

Read more
9 Aug 2022 11:14

Invinity Energy Systems shares surge 10% on US climate bill progress

(Alliance News) - Invinity Energy Systems PLC on Tuesday said the climate legislation passed by the US Senate on Sunday supports its corporate strategy.

Read more
8 Aug 2022 14:21

IN BRIEF: Invinity Energy begins trading on OTCQX Best Market in US

Invinity Energy Systems PLC - London-based energy storage company - Begins trading on OTCQX Best Market in US under the ticker "IESVF". Says this is part of the company's wider US strategy to increase investor activity in the region, as it will "simplify trading and enhance liquidity".

Read more
5 Jul 2022 15:28

IN BRIEF: Invinity Energy notes launch of Energy Superhub Oxford

Invinity Energy Systems PLC - London-based energy storage company - Notes the official launch of the Energy Superhub Oxford, expected to be Europe's most powerful electric vehicle charging hub and world's largest energy hybrid energy storage system.

Read more
27 Jun 2022 11:34

IN BRIEF: Invinity Energy Systems sees revenue surge in 2021

Invinity Energy Systems PLC - London-based energy storage company - In 2021, company narrows pretax loss to GBP21.4 million from GBP24.3 million the previous year. Revenue surges to GBP3.2 million from GBP406,000. Year-end closed sales backlog totals GBP13.8 million. Looking forward, the company expects the gap between its sales price and product cost should narrow rapidly.

Read more
18 May 2022 15:19

Invinity appoints corporate advisor as part of US strategy

(Sharecast News) - Energy storage technology company Invinity Energy Systems announced the appointment of EAS Advisors as its corporate advisor in the United States on Wednesday.

Read more
19 Apr 2022 12:02

TRADING UPDATES: Cerillion profit up; Iofina says iodine demand strong

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

Read more
8 Apr 2022 15:34

Invinity signs energy storage deal with Korea's Hyosung

(Sharecast News) - Energy storage manufacturer Invinity announced success in a test-and-validation programme with Korea's Hyosung Heavy Industries on Friday, and the subsequent signing of a non-binding memorandum of understanding for a "global partnership", with an exclusive relationship in Korea.

Read more
8 Apr 2022 14:05

IN BRIEF: Invinity shares rise on Hyosung partnership

Invinity Energy Systems PLC - London-based energy storage company - Says Hyosung Heavy Industries, part of South Korean industrial conglomerate Hyosung Corp, successfully concludes test and validation program of battery energy storage system purchased from Invinity back in 2020. The test validates using Invinity's energy storage across Hyosung's portfolio.

Read more
23 Feb 2022 20:11

TRADING UPDATES: BiVictriX expands development; Okyo wins US patent

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

Read more
3 Feb 2022 22:31

TRADING UPDATES: Alliance Pharma to appeal; Braemar sales to rise

TRADING UPDATES: Alliance Pharma to appeal; Braemar sales to rise

Read more
7 Dec 2021 14:42

UK shareholder meetings calendar - next 7 days

UK shareholder meetings calendar - next 7 days

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.