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IN BRIEF: Invinity Energy Systems announces 4MWh sale to PowerFlex

ALN

Invinity Energy Systems PLC - London-based utility-grade energy storage manufacturer - Announces a 4 MWh sale to PowerFlex, part of EDF Renewables North America. The batteries will be used in a California Energy Commission-funded solar microgrid project being undertaken by the Rincon Band of Luiseno Indians. The project will see 18 Invinity VS3 vanadium flow batteries, with a combined capacity of 4 MWh, installed by PowerFlex at the Rincon Band’s Harrah’s Resort Southern California at the Rincon Reservation near Valley Center, California, as part of a large-scale solar microgrid project. Invinity’s batteries will be used to store excess solar generation which can be discharged on-demand to provide economic, low-carbon power to the site at any time day or night.

Current stock price: 20.00 pence

12-month change: down 51%

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