RE: Large Trade21 Oct 2022 08:13
Invinity Energy Systems plc a leading global manufacturer of utility-grade energy storage , is pleased to announce the sales contract for a 10 MWh Invinity VS3 flow battery system for use in a large-scale solar microgrid project in Southern California has now been executed with Maada'oozh LLC, a wholly owned subsidiary of Indian Energy LLC. This follows Invinity's 13 October 2022 announcement that the project had been granted funding from the California Energy Commission. This builds on Invinity's ongoing work with Indian Energy which includes the 0.5 MWh project at a US Marine Corps base in Southern California announced 17 May 2021.
The project will see 44 Invinity VS3 batteries with a combined capacity of 10 MWh installed at the Viejas Resort & Casino near San Diego, California as part of a large-scale solar microgrid project. A deposit for the project is now due and Invinity plans to commence manufacturing upon receipt. The Company expects first product shipments to site to occur within H1 2023.
Key milestones in U.S. expansion strategy
This sale, Invinity's largest to date, is the Company's third recent battery project in California and represents further conversion of Invinity's near term sales pipeline in key regions such as the U.S. - a market Invinity has targeted for expansion throughout 2022 and beyond.