Invinity Energy Systems PLC 0.9 MWh Sale to U.S. Electrical Workers Union HQ
25 May 2023 - 4:00PM
RNS Non-Regulatory
TIDMIES
Invinity Energy Systems PLC
25 May 2023
25 May 2023
Invinity Energy Systems plc
("Invinity" or the "Company")
0.9 MWh Sale to U.S. Electrical Workers Union HQ
Invinity flow battery will increase use of onsite solar power
and be used to train future electricians on VFB maintenance and
installation at IBEW 58 Headquarters in Detroit, Michigan
Invinity Energy Systems plc (AIM: IES) (AQSE: IES) (OTCQX:
IESVF) a leading global manufacturer of utility-grade energy
storage , is pleased to announce a 0.88 MWh sale to the Detroit
branch of the International Brotherhood of Electrical Workers
("IBEW") Local 58 for use in a solar plus storage project.
The project will see four Invinity VS3 vanadium flow batteries
installed at IBEW 58 Headquarters in Detroit, Michigan alongside a
235 kWp solar array. Invinity's batteries will be used to store and
dispatch on-demand power generated from the solar array, to achieve
carbon neutrality for the building, reduce energy bills and provide
enhanced energy security in case of blackouts. IBEW Local 58 will
also use the system to train a portion of their 4,800 members in
the management and installation of Invinity's VFB technology, an
initiative that could enhance Local 58 members' understanding of
and ability to support future Invinity installations across North
America.
The IBEW, one the largest North American workers unions with
around 775,000 members in the U.S. and Canada, is a major organiser
of apprenticeship programs in the U.S. and Canada for training
future electricians, linesmen and wiring installers. It is a vital
source of skilled electrical workers for many of the larger
electrical companies in North America.
Delivery of the Invinity batteries is expected to commence in Q3
2023. The contract was included as part of the Company's Base
category in its most recently disclosed commercial pipeline.
Paul VanOss, Business Manager at IBEW Local 58 Detroit said:
"We are pleased to be installing Invinity's vanadium flow
battery technology at the Local 58 Zero Net Energy Center in
Detroit, Michigan for use as part of a solar plus energy storage
project. IBEW Local 58 is a leader in the energy space and is
committed to expanding our Zero Net Energy Center headquarters with
the latest technology innovations that diversify energy production
and consumption and provide real-time hands-on training labs for
our members."
Matt Harper, Chief Commercial Officer at Invinity said:
"The Invinity team have long been proud of the significant
advantages that our vanadium flow batteries offer to the workers
who install, operate and maintain them. We are pleased that the
IBEW Local 58 appreciates those advantages and are excited to
demonstrate the personnel safety and product longevity that are the
hallmarks of our products. In addition, we look forward to working
together to prove how our future net zero grid infrastructure can
be built using domestically manufactured components and delivered
by a strong, capable domestic labor force. We thank IBEW and its
members for their support and look forward to working alongside
them as we deliver and demonstrate the benefits of this pioneering
project."
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
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