13 December 2024
Invinity Energy Systems
plc
("Invinity" or the "Company")
First ENDURIUMTM
Shipment
1.2 MWh system now in
transit to Gamesa Electric facility in Spain
Further to the ENDURIUM launch
announcement of 3 December, Invinity Energy Systems plc (AIM: IES)
(AQSE: IES) (OTCQX: IESVF), a leading
global manufacturer of utility-grade energy
storage, is pleased to confirm that its
first ENDURIUM vanadium flow batteries have now been
shipped.
Above (L-R): Adam Howard,
CFO, Matt Harper, President and CCO and Jonathan Marren, CEO in
front of the first ENDURIUM batteries to ship from Invinity's
Vancouver, Canada facility
Four ENDURIUM modules with a total
capacity of 1.2 MWh are now in transit from Invinity's facility in
Vancouver, Canada to Gamesa Electric's La Plana Hybrid Plant, a
hybrid wind, solar and battery storage demonstration facility, near
Zaragoza, Spain. The V-iOn project, announced on 27 September 2024,
will see the ENDURIUM batteries installed and extensively validated
by Gamesa Electric for use in solar and wind coupled energy storage
projects.
Learn more about the V-iOn project
on Invinity's website here.
Jonathan Marren, Chief Executive
Officer at Invinity said:
"I'm delighted to follow a
successful product launch with the news that our first ENDURIUM
batteries have shipped and are now on their way to our development
partner, Gamesa Electric. I look forward to this shipment being the
first of many as the need for long duration energy storage
continues to grow globally."
Stay up to date with news from
Invinity. Join the distribution list for the Company's monthly
investor newsletter here.
Enquiries:
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Invinity Energy Systems plc
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+44 (0)20 4551 0361
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Jonathan Marren, Chief Executive
Officer
Joe Worthington, Senior Director,
Corporate Affairs
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Canaccord Genuity (Nominated Adviser
and Joint Broker)
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+44 (0)20 7523 8000
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Henry Fitzgerald-O'Connor / Harry
Pardoe / Charlie Hammond
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VSA
Capital (AQSE Corporate Advisor, Financial Adviser and Joint
Broker)
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+44 (0)20 3005 5000
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Andrew Monk / Andrew Raca
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Notes to Editors
Invinity Energy Systems plc (AIM:
IES) (AQSE: IES) (OTCQX: IESVF)
manufactures vanadium flow batteries for
large-scale, high-throughput energy storage requirements of
business, industry and electrical networks.
Invinity's factory-built flow
batteries run continually with no degradation for over 25 years,
making them suitable for the most demanding applications in
renewable energy production. Energy storage systems based on
Invinity's batteries are safe, reliable, and economical, and range
in size from less than 250 kilowatt-hours to tens of
megawatt-hours.
Invinity was created in April 2020
through the merger of two flow battery industry leaders: redT
energy plc and Avalon Battery Corporation. With 75 MWh of systems
already deployed or contracted for delivery across 82 sites in 15
countries, Invinity is active in all major global energy storage
markets and has operations in the UK, Canada, USA, China and
Australia. Invinity Energy Systems plc is quoted in the UK on AIM
and AQSE and trades in the USA on OTCQX.
To find out more, visit
invinity.com,
sign up to our monthly
Investor Newsletter here or
contact Investor Relations on via +44 (0)20 4551 0361 or
ir@invinity.com.