RCS - Invinity Energy Sys - Strategic Partner Secures LDES Project Connections

Invinity Energy SystemsAnnouncement

16/04/2025 07:00

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RNS Number : 1866F  Invinity Energy Systems PLC  16 April 2025

 

16 April 2025

Invinity Energy Systems plc

 

("Invinity" or the "Company")

 

Strategic Partner Secures Connections for LDES Projects

Frontier Power announces collaboration with Ethos Green Energy to enable
pipeline of up to 20 GWh of LDES projects in UK

 

Further to the announcement of a strategic partnership with Frontier Power
(https://invinity.com/invinity-strategic-partnership-with-frontier-power-accelerate-uk-clean-energy-transition/)
("Frontier") to target multiple bids into the UK LDES Cap and Floor Scheme,
Invinity Energy Systems plc (AIM: IES) (AQSE: IES) (OTCQX: IESVF), a leading
global manufacturer of utility-grade energy storage, is pleased to note the
recent announcement by Frontier
(https://www.frontierpower.biz/frontier-power-and-ethos-green-energy) that it
has signed a joint development agreement with Ethos Green Energy ("Ethos") who
will provide exclusive access to multiple connection points with land options
to support Frontier Power's development of energy projects.

 

The agreement between Frontier and Ethos supports up to 20 GWh of Long
Duration Energy Storage ("LDES") projects, using multiple technology solutions
including flow batteries, with an initial emphasis on battery projects for the
UK LDES Cap and Floor Scheme, the first bid window for which opened earlier
this month.

 

Under the strategic partnership between Frontier and Invinity, Frontier has
reserved up to 2 GWh of the Company's manufacturing capacity, on a right of
first refusal basis, to support multiple project bids it is currently
developing for submission into Window 1 of the LDES Cap and Floor Scheme(1).

 

A key part of Frontier's development process is securing land, connections and
planning permission and Invinity views this collaboration between Frontier and
Ethos positively and a key step forward towards multiple UK LDES Cap and Floor
Scheme bid submissions using Invinity's ENDURIUM batteries.

 

 

(1)See Company announcement from 18 February 2025
(https://polaris.brighterir.com/public/invinity/news/rns/story/rynkd7w) for
full details of strategic partnership between Frontier and Invinity

 

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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