REG - Invinity Energy Sys - First ENDURIUM Shipment

Invinity Energy SystemsAnnouncement

13/12/2024 07:00

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RNS Number : 9485P  Invinity Energy Systems PLC  13 December 2024

 

13 December 2024

Invinity Energy Systems plc

 

("Invinity" or the "Company")

 

First ENDURIUM(TM) 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
(https://invinity.com/invinity-ships-first-endurium-vfb/) .

 

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
(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

 Canaccord Genuity (Nominated Adviser and Joint Broker)                    +44 (0)20 7523 8000
 Henry Fitzgerald-O'Connor / Harry Pardoe / Charlie Hammond

 VSA Capital (AQSE Corporate Advisor, Financial Adviser and Joint Broker)  +44 (0)20 3005 5000
 Andrew Monk / Andrew Raca

 

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 (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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