REG - Invinity Energy Sys - LoDES Planning Application Approved

Invinity Energy SystemsAnnouncement

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RNS Number : 5081T  Invinity Energy Systems PLC  01 August 2025

The information contained within this Announcement is deemed by Invinity
Energy Systems plc to constitute inside information as stipulated under the
Market Abuse Regulation (EU) No. 596/2014 as it forms part of UK law by virtue
of the European Union (Withdrawal) Act 2018 ("MAR").

 

 

1 August 2025

Invinity Energy Systems plc

 

("Invinity" or the "Company")

 

LoDES Planning Application Approved

20.7 MWh VFB project moves to construction phase; maximum £10m DESNZ grant
support confirmed

 

Further to the announcement made on 31 March 2025
(https://irtools.co.uk/88/story/012ba01f-e4d9-4fce-9dcd-3bd874830ee6)
regarding the LoDES project, Invinity Energy Systems plc (AIM: IES) (OTCQX:
IESVF), a leading global manufacturer of utility-grade energy storage, is
pleased to confirm that the project has now been granted planning approval.
Separately, the Company has also received confirmation from DESNZ that the
project will receive a £10m grant, the maximum amount available.

 

With grid connection agreements and planning approval now in place at the site
in the South East of England, the project can now progress to construction
phase, with 20.7 MWh of Invinity Vanadium Flow Batteries (VFBs) expected to be
delivered to site before the end of this year.

 

Invinity's interest in the project is principally as a grid-tied, large-scale
Long Duration Energy Storage (LDES) demonstration project. The now approved
planning application also allows for the development of a solar array on site.
As previously announced, the project is not conditional on the installation of
the solar array, however, the Company is currently in discussions regarding
this element of this project and will proceed with the solar array if such a
move to co-locate with a generation asset is deemed to be commercially and
operationally advantageous.

 

Once live, this project is expected to be the largest commercially operating
Vanadium Flow Battery in Europe and will play a significant role for Invinity
as an important reference site for new and existing customers.

 

 

Jonathan Marren, Chief Executive Officer at Invinity said:

 

"Engaging with the local planning authority on the benefits and safety
features of a vanadium flow battery compared to a lithium-ion battery was an
extremely insightful process and has reinforced our belief that our batteries
will be much more welcome than alternatives which often receive significant
opposition during the planning process.

 

"As always, we remain very grateful to DESNZ for continuing to support the
project and our technology and that the full amount of the grant has been
confirmed.

 

"We look forward to delivering the batteries to site, experiencing the
installation and commissioning process as a developer as well as a
manufacturer and showcasing how they can generate revenue whilst providing
vital flexibility to the UK grid."

 

 

Stay up to date with news from Invinity. Join the distribution list for the
Company's monthly investor newsletter here
(https://invinity.us13.list-manage.com/subscribe?u=5b8cb168d806f615c67752bf8&id=26dd4280e1)
.

 

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 (Financial Adviser and Joint Broker)            +44 (0)20 3005 5000
 Andrew Monk / Andrew Raca

 

Notes to Editors

 

Invinity Energy Systems plc (AIM: 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 up to 30 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 190 MWh of systems deployed, contracted for delivery or awarded for
projects across more than 90 sites in 17 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 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.us13.list-manage.com/subscribe?u=5b8cb168d806f615c67752bf8&id=26dd4280e1)
or contact Investor Relations on via +44 (0)20 4551 0361 or ir@invinity.com
(mailto:ir@invinity.com) .

 

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