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Invinity Energy Systems PLC - London-based energy storage company - Completes manufacturing expansion, with the first shipment of Invinity batteries worth 1.1 megawatt-hours from new partner Baojia New Energy.
Batteries will form part of 8.4 MWh order placed by Elemental Energy for use in its project in Alberta, Canada. Batteries will be shipped to Vancouver for final assembly and testing ahead of expected delivery in the fourth quarter of 2022.
Also, Invinity's VS3 battery modules can be marked as certified to UL1973, the globally recognised standard.
We are constantly working to improve our customers' experience deploying Invinity's products. Delivering against tight timelines and seamlessly integrating our products at site is critical to achieving that goal. Our announcement today combines two critical steps toward delivering ever-larger projects that benefit from Invinity's focus on operational excellence at scale,‘ says Chief Commercial Officer Matt Harper.
Current stock price: 49.80 pence, up 6.0% on Tuesday
12-month change: down 61%
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