IFN infragreen group limited

Hooray! Not because I am vindicated - I couldn't give a damn...

  1. 5,914 Posts.
    lightbulb Created with Sketch. 1528
    Hooray!

    Not because I am vindicated - I couldn't give a damn about that - but because this will increase IFN's returns from power generated.

    The battery will end voltage fluctuations vis-a-vis contracted/bid as wind rises and falls. No more discount.

    And if output exceeds contract, it has an alternative use.

    The battery is small at 25MW/52MWh relative to the 278Mw Lake Bonney kit, yet it will more than fund itself. IFN can always add more capacity later - even at a different site.

    Brilliant.

    "Infigen said the battery technology was not yet chosen." Means it doesn't have a place in the long order queue at every respectable battery manufacturer. That part is not good - it could be many many months before install. The planning application looks straightforward.
    Ash
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.