1/
Here's an insightful interview with Invinity's CCO Matt Harper.
"a frequent partner, vanadium producer Bushveld Minerals, suggested they should discuss a merger."
"The synergies Bushveld identified have played out."
#BMN https://www.greentechmedia.com/articles/read/invinity-flow-battery-costs-fell-30-post-merger-says-exec
Here's an insightful interview with Invinity's CCO Matt Harper.
"a frequent partner, vanadium producer Bushveld Minerals, suggested they should discuss a merger."
"The synergies Bushveld identified have played out."
#BMN https://www.greentechmedia.com/articles/read/invinity-flow-battery-costs-fell-30-post-merger-says-exec
2/
“We're probably [at] 20 to 30 percent lower cost today than what RedT was building about a year ago,” he said."
“We’re quoting very large front-of-meter sites already"
Cue BMN and their $65m expansion plans to support such potential opportunities down the line.
“We're probably [at] 20 to 30 percent lower cost today than what RedT was building about a year ago,” he said."
“We’re quoting very large front-of-meter sites already"
Cue BMN and their $65m expansion plans to support such potential opportunities down the line.
3/
can be very flexible in where we build new capacity; we can build that new capacity fairly quickly and at a comparatively low capital cost,"
"That's going to help us go up that scaling curve faster and hit those front-of-meter projects in fewer years than we saw with lithium"
can be very flexible in where we build new capacity; we can build that new capacity fairly quickly and at a comparatively low capital cost,"
"That's going to help us go up that scaling curve faster and hit those front-of-meter projects in fewer years than we saw with lithium"
4/
These signals of growth potential and the speed with which these VRFB manufacturers can react, ties very much in with what I have been saying.
No V producers out there can react any quicker than BMN, in bringing on new expanded capacity but they are...
These signals of growth potential and the speed with which these VRFB manufacturers can react, ties very much in with what I have been saying.
No V producers out there can react any quicker than BMN, in bringing on new expanded capacity but they are...
5/
...still considerably slower compared to an Invinity of this world.
So they have to be "brave" now. They have invest now, during this pause in V prices,to be ready for those "very large front-of-meter sites," when they come to fruition, so they are supported and BMN profit.
...still considerably slower compared to an Invinity of this world.
So they have to be "brave" now. They have invest now, during this pause in V prices,to be ready for those "very large front-of-meter sites," when they come to fruition, so they are supported and BMN profit.