Invinity Energy Systems Plc · LSE:IES
Invinity Energy Systems — redT energy — Investor Presentation (2017)
16 slides from Invinity Energy Systems's investor presentation, 2017
Slide 1: Corporate Presentation 2017
Corporate Presentation 2017
Slide 2: Introduction to redT
Introduction to redT • A public company (red:L) delivering Liquid Energy Storage Machines • 25+ year technology life – Industrial/Commercial focus • Bankable, energy infrastructure asset • One of the market-leading providers of vanadium energy storage • 12 years’ development, supported by legacy Cam
Slide 3: redT Energy Storage Machine
redT Energy Storage Machine 60kW, 300kWh energy storage machine 20ft HC Container 15kW, 75kWh 5kW Stack module Electrolyte Tanks
Slide 4: The redT Advantage
The redT Advantage Levelised cost of storage, $/kWh Cycle life vs. depth of discharge
Slide 5: Recent Achievements…
Recent Achievements… 3 6 8 10 Manufacturing Agreement Launch of redT on AIM & Contract signed with E.ON Large Machines tested with signed with Jabil strategic refocus SSE at PNDC site System Gen 1 Market Seeding Gen 2 system prototype design programme complete delivered 2012 1 2 2014 3 2015 4 5 6 7
Slide 6: Stationary Energy Storage – Applications
Stationary Energy Storage – Applications Power Mature 1 GW Deployment Demonstration Grid Storage 100 MW Lithium- Ion Grid Pumped-hydro/CAES Balancing T&D Upgrade 10 MW Ancillary Services Deferral Frequency response Congestion Relief STOR Avoided Curtailment Lead- Acid 1 MW Duration Commercial RE Pea
Slide 7: Demand for redT in the market
Demand for redT in the market There is strong market demand now…… Market Size Renewables – Regional Market Certain geographies now economic; Germany, USA, Australia, soon UK…Solar $65-103bn must have storage to expand past 20% penetration on grid. Time shift + grid balancing services Off-Grid & Weak
Slide 8: redT Energy Storage Pipeline
redT Energy Storage Pipeline 98% Private Sector 1,685 sales enquiries 100% Incoming Enquires Total Pipeline: $263 million 344 MWh 2,608 units 112 Countries
Slide 9: Market Applications – Displacing Diesel
Market Applications – Displacing Diesel Representative example: - Was: 1.5MWe diesel generator consuming 2.0 m litres of diesel per year (@$1.1/l and 7.5% diesel inflation with an LCOE of $0.79/kWh) - Now: 0.8MWe diesel generator consuming 245,000 litres diesel per year with 1.5MW- 7.5MWh storage an
Slide 10: Financial Summary
Financial Summary • redT has no loans or borrowings • Stable cash position to sustain current business with cash balance at €5.5m for the first half of 2016 (€2.9m at full year 2015). Fundraise finalised in December 2016 for £14.88m • Loss for first half of 2016 at €2.7m, in line with expectations,
Slide 11: The Management Team and Board
The Management Team and Board Dr Jeff Kenna – Chairman 30 years managing businesses in the sustainable energy Scott McGregor – CEO & Exec Director sector. Energy policy advisory to the EC, World Bank, UN 10 years with Camco Clean Energy & redT and UK government. Board member since 2006. as CFO from
Slide 12: redT Summary
redT Summary redT have proven and tested a disruptive technology for the energy storage market • One of the lowest cost vanadium energy storage machines globally • Up to 25+ year technology life – bankable energy storage asset • 100% depth of discharge without degradation Stationary energy storage m
Slide 13: Disclaimer
Disclaimer ee
Slide 14: Disclaimer
Disclaimer This document, which has been prepared by redT energy plc (the "Company"), has been prepared solely in connection with the proposed placing and open offer of new ordinary shares in the capital of the Company (the "New Shares") and the proposed admission of the New Shares to trading on the
Slide 15: Disclaimer
Disclaimer …In particular, this document should not be distributed, transmitted, published, reproduced or otherwise made available, directly or indirectly, in, into or from Canada, Australia, Japan, New Zealand, the Republic of South Africa or the United States, its territories or possessions or in
Slide 16: Disclaimer
Disclaimer …To the fullest extent permitted by applicable law or regulation, no undertaking, representation or warranty or other assurance, express or implied, is made or given by or on behalf of the Company or Cenkos or any of their respective parent or subsidiary undertakings or the subsidiary und