Invinity sells further UK battery, plans Hungarian expansion

Invinity Energy Systems has received an order from Dawsongroup for another 0.22MWh VS3 flow battery.
The two companies announced a partnership on 16 January to jointly develop and market a full package battery plus renewables solution that is designed to be available on a capex-free basis to UK commercial customers.
Dawsongroup is participating via Power Solutions, a newly formed business unit and the partnership initially included one VS3 unit.
In addition Invinity has entered into a multi-party commercial partnership with Hungarian renewable energy project developer, STS Group and its strategic partner, Ideona Group a Hungarian asset management company. The Hungarian partners have a mandate to deploy Invinity batteries as part of future solar plus storage and grid infrastructure support projects. Invinity says its partners have already identified over 50 MWh of potential projects for Invinity batteries, the majority of which have reached a sufficient stage of qualification to have been included in the company’s most recently published pipeline.