Member Info for Bolgas

If you have ever been to Russia it would make economic sense to have storage in many remote locations:- This might sound shocking for a country whose image is so tightly linked to oil and gas, but Russia has a lot of big rivers and it�s putting them to good use. Now, Moscow is moving into other renewables and, more interestingly, energy storage as well. Energy Minister Alexander Novak said earlier this week that Russia could find a place among the world�s leaders in solar power generation and energy storage. Russian solar panel makers, the minister added, can already produce an efficiency factor per panel on par with global leaders, at around 20%, although some of the world�s leading producers have already exceeded that figure.

Russia is looking at renewables, including storage

Launch into American market and dual list, that would certainly be interesting. Believe Tesla need a large fund raiser again, a billion or so, investors undeterred. Energy storage is a new industry worth hundreds of billions, we are being stragicalky placed into volume key markets, the potential here is incredible. Had we been a mining stock with this potential we would be trading in many multiples of what we are today.

It is not fact, he might have heard it wrong or it could have been smaller units etc, he spouts as fact when there is no written evidence, only contrary evidence in fact. Let me ask you the nvhltd, why do you invest in BMN which is a proven loss making company and will continue to be so for the foreseeable? It has death spiral funding and no clear accounts.

What you fail understand, nothing is fact unless it is in RNS, anything said in investor calls or other forms of media are not in anyway fact unless handed over to market and published in RNS. You might not understand that nvhltd but that is a true fact of investing. As for profitability, look at Tesla, massively losing money and hardly ever meets a target, their market cap is well beyond reasonable reality. What Mr Market is doing is looking well into the future and has determined Tesla are well positioned in several markets, that is not to do with its lack of profits today, that again shows how naive you are.

Nvhltd, that is not what is in broker notes or anywhere in RNS, what you interpreted from a investor presentation is just that. No need throw your toys out the pram, you are not invested here.

Nobody advertises sales value, not Tesla, ITM or any others I can think of, has not impacted on their share price. This is significant in scaling orders, our portfolio is steadily growing with huge future growth potential into a huge market, they have chosen redT.

Could be high 8�s for bounce, we have BBC and i suspect some impressive sales to be confirmed, wait and see. Thing is it�s on minimal volume, took little to move from 6�s to 10�s last time and nobody (almost) who bought following last news bought below 9�s as most of them buys were mine in 8�s, there was no buying in 7�s as Schroders had them. Could be Schroders or likes scaring a few to get cheap shares before next round of news, who knows.

Lastly, have BMN (BVE sorry) actually secured any deals on their energy business yet? I understand they have been promising for a long time now with nothing yet confirmed, it is an interesting one as I guess if they get binned out by UET they can always approach Scott, I understand he is always willing listen to potential third party proven sellers.

He is not an investor, read its posting history, you would have to be a complete idiot to believe that. Anyway Fargob, those smaller units that you refer are actually very important indeed longer term, you need stop your fascination with larger systems as they do serve well but they do not seed many different market segments that is being done here today. These machines are being operated in key segments for volume sales, whilst we have not until just recently had a larger unit for demonstration purposes we do now have one with an impressive partner, Centrica. This should help close that rather impressive sales pipeline of larger orders, many of those clients will expect to see a working system before ordering. Although that did not stop our Australian entry with a world first hybrid system for 1MWh. What you fail understand with all the smoke and mirrors investment you have with BMN, it is highly unlikely any company will go from zero today to 500MWh in 24 months time, unless you believe in the tooth fairy of course. There are many obstacles to overcome before a sale can be made, this takes time and then you need a good sales force and after sales teams in place, not to mention a service team that are able to troubleshoot should the need arise. Further there are grid connections amongst many other aspects that need time to be resolved or indeed confirmed if acceptable before projects get a green light. redT has made great strides this year IMHO, they have over doubled their output and generated serious interest in a confirmed sales pipeline that is no-doubt nearing the 500 million figure, add to that many segments having specific data available for future clients with actual proof of working, this statement here is quite key: - "redT's technology was chosen for the project owing to the machines' long service life, low maintenance requirements and the product's ability to operate at challenging sites such as these, where conventional lead-acid and lithium batteries have been used before and have experienced critical failure." We may not have the largest systems in deployment but we are gaining traction without any form of government subsidies, pure commercial sales based on a solid product that so far has been proven in field over a number of years and now in many countries. To be fair, sales have been slower then I had expected and hoped for but then when they do land, face it we would not be here if we did not think they will achieve high volume sales, the rewards for holding should be very rewarding. Sometimes we have to endure pain for gain, just the pain here feels never ending right now, soon be forgotten when an appropriate re-rate does come around I can assure you.

Thing is what these machines will be doing for the main part is time-shifting that solar generation to a time when it is required by that farm and some 30 holiday rentals they have. If they are going to improve their consumption of their generation assets by 1800% then that will be a big saving that is almost guaranteed, or fairly scientific in calculation. Your initial post suggested that the IRR could be very low indeed, more likely so in fact, however if we assume the farm is a substantial user of electricity and those holiday rentals are also that is quite a quantifiable amount of savings that is in my mind at least a high IRR without any trading factored in. Additionally with changes to electricity market about to come into force it is more then likely that these types of asset with longer then 4 hours energy storage duration are going to be favoured over the short term battery solution, this should help them yield a greater return over the coming years.

Two gen1 units sold into Africa last year as per RNS.

We are going back on BBC very soon, that will ignite some interest.

I have worked in many industries over the years, I can safely say that within any industry I have worked I know enough to realise many things, such as when I see finance offered for an irrevocable letter of credit to supply a Russian company at just above base rate that company has a very good standing internationally. I also know that if those rates are offered at say 4% over base that the company has risks, might be small but still I know what is what and could explain this to others. As way of example on AFPO I knew the contract announced was not as it would appear, due to the contract being backed by a letter of credit, that in my terms is a nothing guarantee, only a complete novice would believe that had any binding. You see what you are offering is nothing in terms of what your posting history suggests, if I worked within the industry you are I would not come on here just saying the IRR could be 5% or 25% it is just a figure without substance. I would have worked some calculations out, it would not be that hard and who knows you might have learned something that could further your own sales or expertise. You have done nothing apart from creating doubt with flippant remarks, no substance. Further I would have thought, Centrica are releasing news in conjunction with redT's release, they surely have done some figures and are happy with what redT are saying within their comments that very same day, it is to me common sense. You and I both know when you are suggesting a lithium solution (read your own posting history), your clients are looking for quick returns. Surely you have a clue about what revenues are available, how they work and what this type of product, knowing the power/energy, could produce over the next 12-24 months, I do not believe you are unable to do this if what you are saying is correct. It is for this reason I tend take what you say with a large pinch of salt, you have come on here casting doubt whilst offering nothing in way of your purported expertise to explain.

As suspected haha

Over ask and they drop the share price, anyone with L2 access today? Who�s the MM on the offer?

Are you really suggesting they should be publishing an individual clients full details in an RNS? Or are suggesting they are incompetent and releasing incorrect information with Centrica�s name attached? Seriously this is getting a little tiresome with your constant poking whilst hiding behind NDA and quick comments that are never backed with anything. Surely a man of your means could work out a rough return based on time shift of solar, rather then being constantly negative try being productive, or should I say a smug get. I still do not buy whatever you say, it makes no sense and for reason above I can only assume you are not and never have been a shareholder, just another joyous idiot for us to enjoy.

They have all been sales since those Gen1 went into Africa, Faragob is here for nothing more then to disrupt, I�ll be reporting to admin so he will hopefully be removed as we have all been warned.

Majority of what they are basing assumptions on are based on time-shift of that solar generation. Sure they can not accurately say what future electricity charges will be but a good indication is past and current charges. What you are suggesting would make the contracts you are involved with, lithium, pointless as you have no-idea what the future holds with regards generating income. I assume you are aware of this and likewise you advise clients or your employers of this problem when signing up a large MW lithium solution. With changes to various income streams likely to take effect very soon here in UK it is much more probable that a flow machines return on investment is going to be higher then that of a lithium solution, no matter how you gloss over it short term assets will be replaced with a more favourable long term (4hours plus) storage asset. Flow machines (not batteries) will be the wise choice, a hybrid will be even better as it will benefit from all revenue to the maximum available, redT is the future IMO.

Interesting news release from above today, well worth a read and I thought I would highlight this part below for GL who mentioned this only the other day to be shot down by another poster, it would appear GL is spot on with his assumption. Still there is more to this then just that of course:- Energy storage units will be placed on industrial sites, businesses, and in homes, and we are even exploring the possibility of putting them near substations where the local network is particularly constrained. https://www.centrica.com/news/centrica-signs-first-business-cornwall-local-energy-market-trial