Member Info for Doyezee

Fundamentals and Opportunities for IES still fully intact as nothing’s changed so this drop in the SP is just an opportunity to buy more IMO.

GLA

I think the recent Data Centre win in Switzerland for IES and specifically that one of the major reasons IES was selected was due to the fact that it’s VRFB’s are non flammable whereas Lithium batteries are a fire risk. This has to make decision making when awarding the Cap & Floor projects a greater consideration and could see IES win more projects (certainly larger scale) than originally envisaged. Coupled with IES’s VRFB’s longevity, significant cost reduction, ability to scale and recyclability, as well as it’s proven technology and expertise in real world projects to date and that it’s a UK company (strong directive to buy British from Government), it has to be in with a good chance of securing a good percentage of the Cap & Floor projects.

Regardless of exactly how many projects IES is awarded in this first phase, it has so many other opportunities it’s currently working on around the world and its future looks very promising.

GLA

I’m in your camp economist!!!

None of us know and we don’t have long to wait now so enjoy the weekend all and we go again next week!!

GLA

PMC2022 - on what basis are you assuming Invinity will not get any of the Frontier/Centrica projects? Unless I’m mistaken, I believe Invinity has a good working relationship with Frontier?

Hagshaw is Invinity’s if the project is greenlighted under Cap & Floor and no reason to believe it won’t be.

You appear to be being overly cautious or pessimistic.

You say ‘based on laws of probability’ - can you further define please so there’s a foundation to your assumption?

Many of the ‘new’ jobs in the US are low paid menial and or part time jobs and do not reflect the true picture. Office/White collar jobs are in decline and AI will not deliver the ROI against the vast sums of Capex being spent on it. Majority of AI companies will go bust. It’s a bubble for sure and the fallout will be huge. Coupled with national debt and the insecurities around holding Government Bonds/Treasuries, it will be a ‘run for the hills’ moment IMO and in dem hills will be gold!!! The King of storing wealth, value and protectionism.

The cow is being milked for every last drop but the milk will dry up!!!!

GLA

And should be GW not GWh too!!! 🤪

Yes my bad, MW not MWh!!! 👍

Ofgem LDES Eligibility Assessment Outcome:

Vanadium Flow Battery/ZincBattery

16 Projects

2.6 GWh

15 Track 1

1 Track 2

Vanadium Flow Battery

5 Projects

0.9 GWh

5 Track 1

0 Track 2

Above is from a 12 page summary by Ofgem.

Total 3.5 GWh of potential project awards assigned to VFB/Zinc & VFB.

Of the 16 VFB/Zinc projects, these are all tendered for by Frontier Power and total 2.6GWh.

Of the 5 VFB projects totalling 0.9 GWh, they include Hagshaw (500 MWh) & Spirebush (200 MWh). IES is strongly expected to be awarded Hagshaw and is a strong contender to provide part of or all of Spirebush. These alone total 700 MWh.

Of the 16 Frontier Power projects, if IES is awarded just 10% of the total 2.5 GWh (very conservative IMHO), that’s another 250 MWh.

On these assumptions, I expect IES to win at least 1 GWh of project wins which will all be deliverable by 2030.

Substantiated thoughts or alternative views welcomed.

GLA

No point speculating about where the sp will be or what it will hit as it will take care of itself once the wider market catches on and IES continue to release positive RNS’s with project wins, partners and developments which on the face of it seems very very bullish! One thing I’m certain of is that the sp will be many multiples of what it is today in the coming years and we could see a rapid and continuous move upwards in the next 12-24 months.

GLA

Broken through 38.50!!! Onwards and upwards we go!!! 😁

GLA

EOS Energy in the US has a $3 billion dollar Market Cap. In today’s presentation the board confidently stated that they expect to ‘close the gap’ regarding the void in Market Cap with EOS Energy.

Invinity has a globally leading and superior product to most if not all alternative LDES battery solutions and it has unwittingly discovered another massive advantage and opportunity against lithium - in short duration due to lithium being flammable whereas vanadium isn’t. In the presentation today, it was stated that the Swiss Datacentre that invinity has been selected for (which was a year in the making and fiercely competitive) will require no more than a 2 hour cycle despite its flow batteries being designed to service 8-12 hour cycles specifically. Lithium solutions were discounted early purely due to their fire hazard risk. They will not got planning or insurance under any datacentre or any other building or site where fire can pose a risk of damage.

The presentation is a must listen to as there are just so many positives and opportunities for IES. The stars are fully aligned!!!

GLA

Just finished listening in to the 1 hour online presentation by IES top brass and I’m even more confident, reassured and excited about its future.

If you didn’t listen to it, the recording is a must once it’s available.

Team project energy, excitement, enthusiasm, expertise and professionalism and covered all bases very satisfactorily around opportunity, scale, funding, competition, position within the market, pricing etc.

This is going to fly IMHO.

GLA

Constantly knocking on the door to break through 38.50! It’s only a matter of time.

GLA

Yes Bonxie. See RNS from May 21st 👍

https://www.lse.co.uk/rns/invinity-selected-to-design-gwh-scale-vfb-system-swawy52evvpqsp4.html

With the sp rise into the close, Safe to say that was a tree shake today!!! Hope we all held on to our golden tickets or took the opportunity to top up?

GLA

For anyone who’s not yet registered to receive the IES Newsletter, here’s the transcript from their latest:

Welcome to the sixth Invinity newsletter of 2026.

In May, FlexBase Group selected Invinity to design the world's largest vanadium flow battery for their Technology Centre Laufenburg project, marking a major commercial milestone and validation of the Company's product offering. The news was widely covered by major national, investor and trade media including in the FT, UK Investor Magazine, Proactive Investors and Energy Storage News with more news coverage included below.

Today, the Company published its FY25 Results, as well as announcing a 2 MWh sale for a U.S. Department of Energy-funded project. Management will host a virtual presentation and Q&A for investors in respect of the results on Wednesday 3 June at 4pm (UK) - please register here. Invinity has also today given notice for its 2026 Annual General Meeting, which will be held on 25 June 2026.

Finally, in the UK, the Company was recognised with an award by Scottish Engineering for Excellence in Exports and in Canada, the team exhibited at the Generate BC clean energy conference where Invinity President Matt Harper spoke on the need to build out more clean energy storage.

Wider sector news included:

The Guardian reported on UK Chancellor Rachel Reeves' instruction to "buy British".

RenewEconomy reported the news that "battery storage is the big mover" according to the latest BNEF New Energy Outlook.

PV Magazine highlighted the IRENA report's conclusions that pairing solar and wind with battery storage delivers power at lower cost than new fossil fuel generation.

GLA

Just bought another £5k’s wortH. Too good to refuse!

GLA

Filled the gap nicely between 32-35p the last week and the spread has tightened too so looking to break further upwards IMO.

Still very early and a looooooooong way to run for the SP in the coming months and years.

GLA

Very interesting David Rubinstein interview with former US Vice President Al Gore re Climate Change and Electrification.

Last 4 minutes (from 26:30 minutes), Al Gore states that Solar and Wind are the two cheapest forms of electricity generation and that the cost of Utility Scale Batteries are tumbling which of course are needed to store the electricity generated by wind and solar!

Quote ‘Solar is taking over the electricity generation industry’!!!

GLA

https://youtu.be/enafyc6tnBc?si=vhP_SzK2nbacpcJI

PART 2

"Over the past year, we have taken meaningful steps to remove the barriers to scale - significantly reducing product costs, increasing unit shipments and growing sales while expanding our reach through strategic partnerships into some of the world's fastest growing energy storage markets. These efforts are now translating into tangible commercial momentum, with a growing pipeline of opportunities across multiple geographies and customer segments.

"At the same time, confidence in our technology continues to build, with a growing base of satisfied customers and flagship projects such as the Copwood VFB Energy Hub and FlexBase's Technology Centre Laufenburg increasingly demonstrating Invinity's credentials as a trusted partner capable of delivering at scale.

As the world demands cheaper, more secure energy, the opportunity ahead is clear. With momentum building and strong foundations in place, I am incredibly excited for what comes next."