Invinity Energy Regulatory News (IES)

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."

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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 

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