Member Info for Phimx

It is of course 12.1 Million kg

Correction 12.1 Million kg

Although I have invested in both IES and BMN and have carried out my research, it is only now that I’m beginning to grasp how big these VRFB projects will become. With the state of energy supplies in Europe I suspect they will come very fast and furious. Profit is a great accelerator!
For Vanadium one figure I’ve seen is 5.5 kg/kWH is required, so for Invinity’s 220 kWH model VRFB that’s 1,210 kg of Vanadium needed. Please correct if necessary.
The latest IES RNS is excellent news for large orders and business in Korea but the recent contract signing release, in China 31 March 2022, which has been removed from the Vanitec.org web site yesterday, but thanks to superzero8 is available on the this board (IES), suggests that 10,000 Invinity battery units could be manufactured annually at a single Chinese plant. Multiply by 10,000 = 12.1 Million tons of Vanadium is needed for a single production facility per year – truly staggering. I’ve followed the BMN board and read the figures without really absorbing and pondering those numbers. The East seems to be adopting Vanadium far more readily than the West.

Since BMN will be supplying IES it seems I’ll stick with these investments a little longer.

Although I have invested in both IES and BMN and have carried out my research, it is only now that I’m beginning to grasp how big these VRFB projects will become. With the state of energy supplies in Europe I suspect they will come very fast and furious. Profit is a great accelerator!
For Vanadium one figure I’ve seen is 5.5 kg/kWH is required, so for Invinity’s 220 kWH model VRFB that’s 1,210 kg of Vanadium needed. Please correct if necessary.
The latest RNS is excellent news for large orders and business in Korea but the recent contract signing release, in China 31 March 2022, which has been removed from the Vanitec.org web site yesterday, but thanks to superzero8 is available on the this board (ies), suggests that 10,000 Invinity battery units could be manufactured annually at a single Chinese plant. Multiply by 10,000 = 12.1 Million tons of Vanadium is needed for a single production facility per year – truly staggering. I’ve followed the BMN board and read the figures without really absorbing and pondering those numbers. The East seems to be adopting Vanadium far more readily than the West.
Since BMN will be supplying IES it seems I’ll stick with these investments a little longer.

Not the RNS I was expecting but more welcome news. So a RNS still pending I think.

Well done superzero8, I've been looking for that

Help yourself

I never get carried away ! There is also this snippet. Again removed from distribution but the intro can be viewed by googling "Hong kong Haoyuansheng trading company + vrfb project"

"Cai Jianzhong pointed out that this time Invinity and Hong Kong Haoyuansheng Trading Co., Ltd. have joined forces to invest in a green and low-carbon project in Qidu, the vanadium flow energy storage battery project, which will help to solve the grid instability and power abandonment caused by wind power, better ensure the stable .... "

It certainly looks like things are picking for Invinity.

Beginning of the 'pulled' release, which seemed to originate on WE(Chat)

" On the morning of March 30th the "Cloud Signing" of the Vanadium Flow Energy storage project was held in Qidu"

This intro is still partially visible by googling "invinity + cloud signing" and noting the results of the search

For Cloud Signing - see https://www.signingcloud.com/why-signing-cloud/

I'm guessing, the Cloud Signing relates to the 'virtual signing of the contract and the news won't be released or should not have been released until the signed paper contracts have been exchanged.

Therefore I conclude this was a big c*** *p and a RNS is imminent for a large contract for 10,000 units p.a.

I'll stick my neck out and say that will drop tomorrow.

Simon

Researching

Superzero8: it's slightly more than putting their name about. They are involved in signed contracts !

Ok Mr. invinity release a RNS immediately and explain.
We know you're watching !

Strange that page seems to have been taken down, the link no longer works ????

Have I missed the RNS for this story ?

https://vanitec.org/VRFB/Invinity

RNS 28 December 2018

" The Group is currently in discussion with a European company that may carry out the certification process with the new cheaper but robust material employed in the latest model. "

RNS 15 March 2016

" Enertek International, based in Hull, is our partner for independent third party testing and is one of only two UK based engineering laboratories capable of fully testing microCHP appliances. The results of the tests will allow the Inspirit Charger to obtain certification for field trials, which are due to commence in Q2 2016. These are necessary steps the Company must take in order to prove its product reliable and safe ahead of market launch. "

Alfredh:

Your statement is overly generalised " A trade is made of a purchase and a sale at the same price"

It would be astronomic odds to match a seller of 1,234,567 shares with a matching buyer. Market makers and compounded trades ensure the deal is done i.e. it's not a simple one to one.

Also very unlikely to be at the same price.

RNS 9 January 2014

" Inspirit's high efficiency-generating boiler on track for commercial production by year end"

RNS 18 September 2013

" Inspirit Energy Holdings plc (AIM: INSP) announces that its operations centre in Sheffield, is now formalising product introduction plans for its unique Inspirit mCHP boiler, with the aim of seeing commercial boilers installed in key customer sites in the first half of next year with volume production targeted for the end of next year. "