The Times Elon Musk builds biggest ever battery plugs citys energy gapBernard Lagan, SydneyNovember 27 2017, 121am, The TimesEconomicsAfricaEuropeUnited StatesCarsElon Musk launched the battery project, promising it would be given to Australians if it was not built within 100 daysElon Musk launched the battery project, promising it would be given to Australians if it was not built within 100 daysMARK BRAKE/GETTY IMAGESThe worlds biggest battery, touted as the answer to one of the worlds most pressing power problems, is undergoing final tests in the dusty hamlet of Jamestown, South Australia.The array of hundreds of sleek, silver units will act as an emergency back-up for the states power system and help it to cope with electricity demand during peak periods, such as heatwaves, allowing South Australias burgeoning renewable output to be stored and released when it is most needed.The battery array was built after a high-stakes bet by Elon Musk, 46, the US technology billionaire behind Tesla electric cars, that he could meet a 100-day SAGE
BMN - vanadium battery research [link]
Re: ....progress ..... As a previous holder of this stock and keeping an eye out on a return to it, the answer might be that John Ward, who resigned last month has 88 million shares outstanding. I imagine there wil be a no sale period in his contract but I suppose there will be an overhang here which might hold things back.Looks to be progress in Africa and Asia where they should be concentrating.GLA
....progress ..... .... The sp was 10p in May 201710p in Sept 2017.......and ......................10p in Nov 2017SAGE
Re: Good news! Just a couple more RNS's of placements of the storage systems, and theshare price will take a firm trip north.IMO,ws
Re: Good news! Agreed. This news set warrants more support and a stronger rise than this..............may be just watch this space .......SAGE
Re: Good news! With the Centrica news and now this why is the SP comparatively stagnant? It seams to me that the SP is still being controlled to allow the II's to top up hence the after hours reported meaty buys lately.
Good news! See RNS today, that is the kind of news we have been waiting for,the start of the sales-flow established, IMO.ws
Batteries coming in faster now Centrica reveals plans to build 100MW battery in Ireland They have not said which type but as they have just switched the Cornwall project on can but hope to be a part of it.for 2020.
New unit at Chester University They have delivered a small unit to Chester no news on this one but was on Twitter .
Re: Positive We are now at the start of an exciting phase in electro-storage, which will have benefits for the customer, government and vendor of this system. Instead of the government paying for wind farms to stop, a much witnessed phenomena in Cornwall, the energy produced can be fed into the grid, when required. I agree ws. So many positives on this.
Positive RNS today has a positive ring to it. I had to look up the meaning of IRR, it means Internal Rate of Return. Thje IRR being in the 'mid-teens' is jolly good and should be of interestto many others on the cusp of investing in a storage system.IIMHO,ws
Sales by John Ward Since 02/08/17, John Ward has sold 11m shares at a cost of £760,800. He still owns 86m shares in the company, current value, circa £8,815,000. Hardly scuttling the ship, is he?
Re: Jolt Sage - Indeed, There is a need to see more in the way of further sales being achieved. Apart from that, sentiment is not helped by the Chairman's departure ws
Jolt ......needs a jolt of news for another deal.......SAGE