REG - Gelion PLC - Successful Installation of 4-MWh BESS

GelionAnnouncement

01/07/2025 07:00

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RNS Number : 1604P  Gelion PLC  01 July 2025

1 July 2025

Gelion plc

("Gelion", the "Company" or the "Group")

Successful Installation of 4-MWh BESS

Planning commences for additional larger BESS projects

Gelion (AIM: GELN), the global energy storage innovator, announces the
successful installation of the 4-megawatt hour (MWh) battery energy storage
systems (BESS) for Group Energy Pty Ltd (a Borg Group company). Further to the
announcement made in April 2025, the BESSs have now progressed to advanced
commissioning stage, in preparation for live operations.

Highlights

 ·   Successful installation and advanced commissioning stage of two 2MWh
 BESSs at Borg Group sites in Somersby and Charmhaven near Sydney, Australia.

 ·    92.5% revenue, approximately £900k recognised in FY2025 1 , with the
 remainder £65k to be recognised in July 2025 (FY2026).

 ·     Gelion and Group Energy have commenced planning and business case
 development for additional larger BESS on Borg's sites.

 ·     Gelion is growing its BESS pipeline across multiple sectors,
 including Industrial, Consumer business, Education and Utility companies.

 

 L-R: Patrick Sandor (WHS Coordinator, Porta Products (Borg Group)), Goran
 Klingberg (Applications Engineer, Gelion), Tom Hagan (CEO, Crossmuller), Nick
 Batt (General Manager Engineering & Operations, Gelion), John Borg
 (Managing Director, Borg Group of Companies ("Borg Group")), Stuart Rayner
 (Commercial Director, Gelion), Andrew Cheah (Head of Group Energy), Katrina
 Boyd (Sustainability Manager, Borg Group).

Gelion CEO, John Wood, commented:

"It's fantastic to see Gelion's BESS in the final stages of commissioning at
Borg's sites.  Our teams have worked very closely together to rapidly
progress this important project.  It is also exciting for Gelion to be
working closely with Group Energy to define their next potential scaled up
BESS for the Group while in parallel, our Integration team are growing a
healthy pipeline of BESS opportunities in the Australian market."

Borg Group Managing Director, John Borg, added:

"Gelion has demonstrated strong integration expertise and capability during
the project. Group Energy is looking forward to operating the BESS units which
will start delivering the projected electricity cost and sustainability
benefits in the near term.  As we review and assess the BESS's operational
performance and commercial returns, we will then shore up our plans for
additional BESS units to be deployed across our business."

Gelion's 1MW/2MWh BESS, 20-foot containerised all-in-one system at Somersby,
NSW Australia.

Borg Group BESS Implementations

The BESS are in the final stages of commissioning and are each rated at 1 MW /
2 MWh. By charging at times of high solar production and discharging when
demand is high, these batteries will save significant energy costs to Borg
Group. The batteries will also reduce the peak demand from the grid, further
reducing Borg Group's energy costs. The batteries will provide additional
benefits to help stabilise the broader energy network, such as frequency
response services. This includes Very Fast Frequency Control Ancillary
Services (VF FCAS).

CONTACTS

 Gelion plc                                                                                                                                                                                                via Alma
 John Wood, CEO

Amit Gupta,
 CFO

 Prof. Thomas Maschmeyer (Founder and Director)
 Strand Hanson Limited (Nominated and Financial Adviser)                                                                                                                                                   +44 (0) 20 7409 3494

Christopher Raggett / Rob Patrick
 Oberon Capital (Joint Broker)                                                                                                                                                                             +44 (0) 20 3179 5300
 Nick Lovering / Mike Seabrook / Adam Pollock

 Allenby Capital Limited (Joint Broker)                                                                                                                                                                    +44 (0) 20 3328 5656

 Jos Pinnington / Guy McDougall (Sales and Corporate Broking)

 Alex Brearley / Ashur Joseph (Corporate Finance)
 Alma Strategic Communications (Financial PR)                                                                                                                                                              +44 (0) 20 3405 0205

Justine James / Hannah Campbell / Will Ellis Hancock                                                                                                                                                     gelion@almastrategic.com (mailto:gelion@almastrategic.com)

This announcement contains inside information for the purposes of Article 7 of
EU Regulation No. 596/2014, which forms part of United Kingdom domestic law by
virtue of the European Union (Withdrawal) Act 2018, as amended.

About Gelion

Gelion ("gel: ion") is a global energy storage innovator, supporting the
transition to a more sustainable economy by commercialising globally important
next generation battery technologies: Sulfur based, Lithium-Sulfur (LiS),
Sodium-Sulfur (NaS) and Zinc-based (Zn) hybrid cells to electrify mobile and
stationary applications and battery recycling technology.

Gelion plc (the Group) is listed on the London Stock Exchange's Alternative
Investment Market and wholly owns UK based OXLiD Ltd and Battery Minerals Ltd
and Australia based Gelion Technologies Pty Ltd.  Gelion is designing and
delivering innovative battery technology to enable that transition and return
value for its customers and investors.

In addition, Gelion is also delivering commercial Battery Energy Storage
Systems (BESS) projects through its Integration Solutions business.

Integration Solutions

Gelion leverages its significant integration and BMS capability to deliver
bespoke BESS for Australian Commercial and Industrial customers. These BESS
are currently based on lithium-ion technology and will also include Gelion's
next-generation batteries as these become available. Gelion will deploy BESS
with our proprietary cloud-based battery monitoring system, which will provide
real-time diagnostics and alerts to maximise performance and return on
investment for our customers.

About Group Energy

Group Energy is part of the Borg Group, a proudly Australian-owned business
that includes companies such as Porta Products (formerly Australian Panels),
polytec, Crossmuller and reDirect Recycling.

Established to support Borg Group's energy, carbon and sustainability
initiatives, Group Energy plays a key role in driving renewable energy
adoption, emissions reduction and energy resilience.  We own and operate 16
MW of rooftop solar PV, generate environmental certificates such as
Large-Scale Renewable Energy Certificates (LGCs) and Australian Carbon Credit
Units (ACCUs), and lead sustainability and energy efficiency activities.

As a registered market participant with the Australian Energy Market Operator
(AEMO), we will operate the BESS to optimise revenue through spot market
arbitrage and frequency control ancillary services (FCAS), whilst maximising
the use of on-site solar generation.

 1  Gelion management's assessment and subject to audit review of revenue
recognition across FY25 and FY26.

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