RE: Where are the deals?25 Jan 2025 12:00
PMC
Adding further to Toneman reply, RNS on 13th December stated:
Four ENDURIUM modules with a total capacity of 1.2 MWh are now in transit from Invinity's facility in Vancouver, Canada to Gamesa Electric's La Plana Hybrid Plant, a hybrid wind, solar and battery storage demonstration facility, near Zaragoza, Spain. The V-iOn project, announced on 27 September 2024, will see the ENDURIUM batteries installed and extensively validated by Gamesa Electric for use in solar and wind coupled energy storage projects.
This was the first shipment of Endurium batteries and the time it will take to transport, install and extensively validate these batteries in a real world environment will be a number of months I’d imagine and I doubt any deals will be signed off until the validation process has been completed and verified to the expected/required conclusion. At that point and armed with real world operating data, it should (if very positive) open the floodgates for orders to be concluded and many more to follow thereafter hopefully.
It shouldn’t be that much longer now until the validation process is complete so just a bit more patience required IMO