George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksInvinity Energy Regulatory News (IES)

Share Price Information for Invinity Energy (IES)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 24.50
Bid: 24.00
Ask: 25.00
Change: 0.25 (1.03%)
Spread: 1.00 (4.167%)
Open: 24.25
High: 24.50
Low: 24.25
Prev. Close: 24.25
IES Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Scottish Energy Minister Visits Invinity Facility

6 Jul 2023 07:00

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.

 

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

 

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, sign up to our monthly Investor Newsletter here or contact Investor Relations on via +44 (0)20 4551 0361 or ir@invinity.com 

 

 

About Reach announcements

 

This is a Reach announcement. Reach is an investor communication service aimed at assisting listed and unlisted (including AIM quoted) companies to distribute media only / non-regulatory news releases into the public domain. Information required to be notified under the AIM Rules for Companies, Market Abuse Regulation or other regulation would be disseminated as an RNS regulatory announcement and not on Reach.

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
NRAUPUAPMUPWGAA
Date   Source Headline
15th Apr 20247:00 amRNSUpdate on Strategic Investor Discussions
12th Apr 202412:21 pmRNSBlock listing Interim Review
26th Feb 20247:00 amRNSStrategic Manufacturing Deal & Mistral Validation
2nd Jan 20247:00 amRNSTotal Voting Rights
18th Dec 20237:00 amRNSYear-End Business Update
1st Dec 20238:00 amRNSInvinity meets B.C. Premier & Hosts Delegation
10th Nov 202312:37 pmRNSScottish Net Zero Secretary Tours Invinity Factory
1st Nov 20237:00 amRNSTotal Voting Rights
3rd Oct 20237:00 amRNS1.1 MWh Sale for Taiwanese National Laboratory
2nd Oct 20234:32 pmRNSTotal Voting Rights
25th Sep 20237:01 amRNSInterim Results
25th Sep 20237:00 amRNSU.S. DOE Funding for 84 MWh of Invinity VFBs
22nd Sep 20239:00 amRNSInvinity's Largest Battery Goes Live
21st Sep 20237:00 amRNSBlock listing Interim Review & Total Voting Rights
14th Sep 20237:00 amRNSFirst Commercial Mistral Order
1st Sep 20237:00 amRNSTotal Voting Rights
17th Aug 20235:17 pmRNSHolding(s) in Company
1st Aug 20237:00 amRNSTotal Voting Rights
28th Jul 20237:00 amRNS0.2 MWh Pilot Project with Australian Utility
20th Jul 20237:00 amRNSGrant of Options
19th Jul 20231:23 pmRNSResult of Meetings
19th Jul 20237:00 amRNSAGM Statement
6th Jul 20237:00 amRNSScottish Energy Minister Visits Invinity Facility
28th Jun 20231:36 pmRNSNotice of AGM and Warrant General Meetings
28th Jun 20237:00 amRNS2022 Financial Results and Current Trading
16th Jun 20237:00 amRNSUpdate on 2022 Financial Results
9th Jun 20237:00 amRNSFirst Mistral Pilot Project
1st Jun 20237:00 amRNS2.1 MWh Sale to U.S. Utility
25th May 20237:00 amRNS0.9 MWh Sale to U.S. Electrical Workers Union HQ
12th Apr 20237:00 amRNSInvinity Awarded £11m for 30 MWh Flow Battery
6th Apr 20237:00 amRNSProject Delivery Update
3rd Apr 20232:10 pmRNSHolding(s) in Company
27th Mar 20237:00 amRNS1.5 MWh Sale to Hungarian Resale Partner
24th Mar 202310:35 amRNSHolding(s) in Company
21st Mar 20237:00 amRNSBlock listing Interim Review
20th Mar 202312:40 pmRNSHolding(s) in Company
20th Mar 20237:01 amRNSHolding(s) in Company
20th Mar 20237:00 amRNSHolding(s) in Company
17th Mar 20235:01 pmRNSHolding(s) in Company
17th Mar 202311:48 amRNSHolding(s) in Company
16th Mar 20233:23 pmRNSDirector/PDMR Shareholding
15th Mar 20232:26 pmRNSResult of Open Offer, GM and Subscription, and TVR
14th Mar 20234:38 pmRNSConfirmation of Registered Address
10th Mar 20237:00 amRNSFollow-on UK Order & New EU Commercial Partnership
3rd Mar 20237:00 amRNSConditional Agreement to Repay Loan Facility
24th Feb 20234:59 pmRNSPosting of Circular and Notice of General Meeting
23rd Feb 20239:25 amRNSResult of Placing
23rd Feb 20237:00 amRNSPlacing Update
22nd Feb 20235:00 pmRNSPlacing, Open Offer & Strategic Investment
1st Feb 20237:00 amRNSTotal Voting Rights

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.