RCS - Invinity Energy Sys - Scottish Energy Minister Visits Invinity Facility

Invinity Energy SystemsAnnouncement

06/07/2023 07:00

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RNS Number : 0975F  Invinity Energy Systems PLC  06 July 2023

 

6 July 2023

Invinity Energy Systems plc

 

("Invinity" or the "Company")

 

Scotland's Energy Minister Visits Invinity Bathgate Facility

Gillian Martin MSP, highlights Invinity's role in a net zero future during
visit to Bathgate manufacturing facility

 

Invinity Energy Systems plc (AIM: IES) (AQSE: IES) (OTCQX: IESVF) a leading
global manufacturer of utility-grade energy storage, was delighted to welcome
Gillian Martin MSP, the Minister for Energy and the Environment in Scotland,
to the Company's manufacturing facility in Bathgate, West Lothian yesterday.

 

 

Ms Martin being given a demonstration of an operating VS3 battery product
during the factory visit.

 

Ms Martin was given a guided tour of the facility, recieved updates on the key
battery projects in Scotland and across the world for which Invinity has
supplied its vanadium flow battery (VFB) products and took time to meet with
Invinity staff, many of whom formerly worked in the oil & gas and other
industrial sectors. The visit included an inspection of the Company's
production line and a hands-on demonstration of Invinity's batteries in action
- charging and discharging from the Scottish electricity network - providing
an opportunity for Ms Martin to learn about VFB's operating capabilities and
how Invinity's flow battery technology can play a critical role in the journey
to achieving Net Zero goals both in Scotland and globally.

 

 

(From left to right) Jean-Louis Cols (VP Solutions Engineering), Gillian
Martin MSP and Jonathan Marren (Chief Development Officer) pictured in front
of an operating Invinity VS3 battery

 

Invinity's Bathgate facility is fully compliant with multiple ISO and UL
safety and operating standards and the factory is currently manufacturing
battery systems for the fulfilment of orders to multiple customers across the
UK and EU in 2023.

 

Separately, in further recognition of the Company's global manufacturing
status, Invinity also recently hosted Thomas Codrington, the British Consul
General in British Columbia, at the Company's newly expanded North American
manufacturing facility in Vancouver, Canada.

 

Scotland's Energy Minister, Gillian Martin MSP said:

 

"The Scottish Government's draft Energy Strategy and Just Transition Plan sets
out the pathway to Scotland becoming a global renewables powerhouse, with
enormous opportunities for our energy sector, workforces and economy.

 

"As renewable capabilities grow during our net zero journey, we need an energy
system that can store and utilise the increasing power it will generate.
Grid-scale batteries will play an increasingly important part of the solution
over the coming decades, which is why I was pleased to visit Invinity to find
out more about how they and the wider sector are driving forward this
technology in support of our energy transition in Scotland and beyond."

Jonathan Marren, Chief Development Officer at Invinity said:

 

"Invinity's vanadium flow batteries have a significant and growing role to
play in the world's journey to net zero by unlocking the power of 24/7
renewable energy. We are delighted to have received this important recognition
from Scotland's Energy Minister against a background of growing support for
vanadium flow battery technology worldwide.

 

"As we scale production to meet ever-growing demand, we expect to expand our
operational footprint in Scotland and beyond as our products increasingly
become recognised as a leading solution to making the energy transition a
reality."

 

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 Development Officer and Interim CFO

 Joe Worthington, Director of Communications

 Tavistock (Financial PR Advisor)                            +44 (0)20 7920 3150
 Simon Hudson / Charles Baister                              invinity@tavistock.co.uk (mailto:invinity@tavistock.co.uk)

 

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 over 65
MWh of systems already deployed or contracted for delivery across over 70
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 listed 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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