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RNS Number : 1077G Invinity Energy Systems PLC 24 April 2025
24 April 2025
Invinity Energy Systems plc
("Invinity" or the "Company")
Invinity Hosts BC and Vancouver Elected Officials
Made-in-BC vanadium flow batteries demonstrated to elected officials, business
and industrial sector leaders as part of New Economy Canada's "Getting Things
Built" tour
Invinity Energy Systems plc (AIM: IES) (AQSE: IES) (OTCQX: IESVF) a leading
global manufacturer of utility-grade energy storage, was delighted to welcome
British Columbia Government and Vancouver Council elected officials, business
and industrial sector leaders and supply chain partners, alongside the Greater
Vancouver Board of Trade, to its manufacturing facilities in Vancouver
yesterday as part of New Economy Canada's "Getting Things Built" tour,
showcasing Canadian-manufactured technology.
A number of key discussions led by New Economy Canada, of which Invinity is a
member, and co-hosted by Invinity's President and Chief Commercial Officer,
Matt Harper, were held during the visit that centred on how technologies, such
as Invinity's vanadium flow batteries, are helping to grow British Columbia's
economy, diversify export markets and support local jobs.
Above: Matt Harper, President & CCO, Invinity (right) in front of an
ENDURIUM VFB discussing "Getting Things Built" with panel members (L-R) Sarah
Goodman, President & CEO, BC CICE, Jamie Houssian, Principal, Elemental
Energy Inc, Lisa Dominato, Vancouver City Councillor, Michael Goehring,
President & CEO, Mining Association of BC and Amshen-Joan Phillip, MLA for
Vancouver-Strathcona (photo credit: New Economy Canada)
The energy storage industry is widely recognised to be one of the fastest
growing in the world, driven by the need to ensure economies everywhere can
access clean, renewable energy both reliably and affordably. The Canadian
government is currently implementing measures to boost its national economy
and strengthen local supply chains and a core focus of New Economy Canada's
"Getting Things Built" cross-Canada tour is to spotlight technology like
Invinity's Vanadium Flow Batteries which are expected to play an important
role in Canada's future economic growth by supporting a strong, clean energy
grid.
Above: Guests inspecting the ENDURIUM VFB following the presentations (photo
credit: New Economy Canada)
The guests were given a guided tour Invinity's Pender Street facility, in the
heart of East Vancouver's commercial district, and met with key members of
Invinity's staff who demonstrated how Invinity builds its standardised,
scalable battery technology. The guests were also given updates on the
deployment of Invinity's ENDURIUM battery technology into longer duration
energy storage projects in Canada and across the world.
Merran Smith, President of New Economy Canada said:
"Last year, over two trillion dollars were invested into clean economy sectors
globally. This trend to invest in clean energy and clean tech - which also
makes the economy more efficient, more productive and more competitive - is
going to continue. BC has what it takes to attract more of that investment so
that we can keep getting things built in the province and help British
Columbians prosper."
Jamie Houssian, Principal, Elemental Energy Inc said:
"Invinity's energy storage systems take a good thing and makes it better. And
that's what we're trying to do with renewable energy, take a good thing and
make it better. And that will enable it to be more commonplace. Renewables
often take heat for being intermittent, and batteries help. They're going to
enable greater integration and penetration of renewables across the world.
Canada can be a leader, both in the technology development as well as the roll
out and commercialization and execution."
Matt Harper, President and Chief Commercial Officer of Invinity said:
"Clean, low-cost energy is central to Canada's economic future. We are
extremely proud to be playing our part in delivering this important resource.
"Beyond our borders, longer duration energy storage is key to delivering low
carbon energy on demand to homes and businesses. Invinity's Vancouver factory
is filling this need, delivering the most advanced vanadium flow batteries to
our rapidly growing global customer base.
"Today's event reinforces that Canada has tremendous strength in the
innovative individuals, organisations and institutions who are dedicated to
getting things built. Invinity is delighted to be part of New Economy Canada
and is looking forward to delivering economic growth and good, durable jobs at
home while helping build the world's future electrical grid."
Stay up to date with news from Invinity. Join the distribution list for the
Company's monthly investor newsletter here
(https://invinity.com/newsletter/?utm_source=iesrns) .
Enquiries:
Invinity Energy Systems plc +44 (0)20 4551 0361
Jonathan Marren, Chief Executive Officer
Joe Worthington, Senior Director, Corporate Affairs
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 more
than 75 MWh of systems already deployed or contracted for delivery across more
than 80 sites in 15 countries, Invinity is active in all major global energy
storage markets and has operations in the UK, Canada, USA and China. 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 (https://invinity.com/?utm_source=rns) ,
sign up to our monthly Investor Newsletter here
(https://invinity.com/newsletter/?utm_source=iesrns) or contact Investor
Relations on via +44 (0)20 4551 0361 or ir@invinity.com
(mailto:ir@invinity.com) .
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