(Alliance News) - Invinity Energy Systems PLC shares surged on Monday after it said the US Department of Energy will fund six of its projects, alongside significantly increased revenue but a widened half-year loss. Read More
(Alliance News) - Invinity Energy Systems PLC on Friday said that its Canadian partner, Elemental Energy, has started operating its vanadium flow battery at their Chappice Lake project in Canada. Read More
(Alliance News) - Invinity Energy Systems PLC on Thursday said that it has received the first customer order for its next-generation vanadium flow battery. Read More
Invinity Energy Systems PLC - London-based utility-grade energy storage manufacturer - Sells 0.2 megawatts per hour VS3 flow battery system to VSUN Energy, a wholly owned subsidiary of Australian Vanadium Ltd. Says battery system will be for use by Australian power provider, Horizon Power. Horizon owns and operates 34 microgrids across Western Australia. Horizon will pilot the VS3 battery at its microrigid project in Kununurra, Western Australia. Invinity says project delivery is expected to start in late 2023. Read More
(Alliance News) - Invinity Energy Systems PLC on Wednesday said it is trading in line with expectations, after performing "strongly" in the year-to-date, driven by the delivery of large-scale projects around the world. Read More
(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
Invinity Energy Systems PLC - London-based utility-grade energy storage manufacturer that produces batteries for the large-scale requirements of business networks - Says pleased to note significant reduction in the provision for contract losses which was previously recorded. As a result, Invinity expects its reported gross margin loss and pretax loss to be materially better than was anticipated. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued Friday and not separately reported by Alliance News: Read More
(Alliance News) - Invinity Energy Systems PLC on Thursday celebrated a battery sale to Orcas Power and Light Cooperative, to be used in a solar plus storage project. Read More
(Alliance News) - Invinity Energy Systems PLC on Thursday celebrated a battery sale to the Detroit branch of the International Brotherhood of Electrical Workers, for use in a solar storage project. Read More
(Alliance News) - Invinity Energy Systems PLC said on Wednesday it was awarded a GBP11.0 million grant from the UK Department for Energy Security & Net Zero. Read More
(Alliance News) - Invinity Energy Systems PLC on Thursday highlighted its transition from a development company into a commercial supplier, after delivering over 11.4 megawatt-hours of batteries so far this year. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday not separately reported by Alliance News: Read More
(Alliance News) - Invinity Energy Systems PLC on Friday said it has secured a follow-on sale in the UK with Dawsongroup PLC and also entered into a new EU commercial partnership. Read More
(Alliance News) - Invinity Energy Systems PLC on Friday said that it has entered a prepayment agreement to repay the outstanding drawn amount of its convertible loan facility with RiverFort Global Opportunities PCC Ltd and YA II PN Ltd. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday. Read More
Invinity Energy Systems PLC - London-based utility-grade energy storage manufacturer - Plans to raise GBP16 million through a placing, subscription, and open offer for 42.2 million new shares at a price of 32 pence per share. Receives a strategic investment of GBP2.5 million by Everbrite Technology Co Ltd through a subscription. Adds that the open offer will raise GBP4 million through the offer 12.5 million new ordinary shares. Says the issue price represents a discount of 14% to the closing middle market price of 37 pence per share on February 22. Says that the proceeds from the proposed placing are expected to provide it with sufficient working capital to the end of June 2024. Read More
(Alliance News) - Invinity Energy Systems PLC on Monday said it expects revenue for last year in line with market expectations, as a result of a "significant number of contract wins". Read More