EARNINGS AND TRADING: Fenikso in profit; Tate & Lyle completes sale
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
Invinity Energy Systems PLC - London-based utility-grade energy storage manufacturer - Announces a 4 MWh sale to PowerFlex, part of EDF Renewables North America. The batteries will be used in a California Energy Commission-funded solar microgrid project being undertaken by the Rincon Band of Luiseno Indians. The project will see 18 Invinity VS3 vanadium flow batteries, with a combined capacity of 4 MWh, installed by PowerFlex at the Rincon Band's Harrah's Resort Southern California at the Rincon Reservation near Valley Center, California, as part of a large-scale solar microgrid project. Invinity's batteries will be used to store excess solar generation which can be discharged on-demand to provide economic, low-carbon power to the site at any time day or night. Read More
Invinity Energy Systems PLC - London-based utility-grade energy storage manufacturer - Leases an additional manufacturing facility, "in order to meet the growing demand for long-duration energy storage in the UK." Says the 26,000 square foot facility located in Motherwell, North Lanarkshire is six times the size of the company's existing facility in Bathgate, West Lothian. Expects the Motherwell facility to become operational during the third quarter of the year. Read More
(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Tuesday and Wednesday and not separately reported by Alliance News: 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) - Invinity Energy Systems PLC on Wednesday said it plans to raise GBP50 million through a strategic investment and placing. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Monday. Read More
(Alliance News) - Invinity Energy Systems PLC on Monday said it has made "significant" progress towards securing a material investment from multiple strategic partners. Read More
Invinity Energy Systems PLC - London-based utility-grade energy storage manufacturer - Announces new strategic manufacturing agreement with Taiwanese partner Everdura Technology Co Ltd. Everdura will undertake domestic manufacturing of Invinity's 'Mistral' vanadium flow battery product for Taiwanese and other markets. Deal supersedes original partnership proposed in September when Everdura placed a 14.4 megawatt hour pre-order for Mistral. Invinity says Everdura will manufacture VFBs to fulfil orders it intends to secure under the companies' existing reseller agreement, which targets over 255 MWh of product sales over three years. Read More
Invinity Energy Systems PLC - London-based utility-grade energy storage manufacturer - Says it will deliver its 2023 results in line with expectations, and anticipates a full-year minimum total income of GBP21.6 million, an increase from GBP2.9 million in 2022. Adds it is in current discussions with "a number of parties" for potential partnerships, which it expects to finalise in the first quarter of 2024. Read More
(Alliance News) - Invinity Energy Systems PLC on Tuesday said it has sold 1.1 megawatt hours worth of battery storage to Taiwan's National Applied Research Laboratories. Read More
(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