TIDMIES
Invinity Energy Systems PLC
22 September 2023
22 September 2023
Invinity Energy Systems plc
("Invinity" or the "Company")
Invinity's Largest Battery System to Date Goes Live
The Chappice Lake Solar & Storage system is now powering the
Alberta Grid
Invinity Energy Systems plc (AIM: IES) (AQSE: IES) (OTCQX:
IESVF) a leading global manufacturer of utility-grade energy
storage , is pleased to announce that the Company's Canadian
partner Elemental Energy has officially commenced operation of its
8.4 MWh Invinity VS3 vanadium flow battery ("VFB") at their
Chappice Lake Solar & Storage Project site in Alberta, Canada
(see picture below). This is Invinity's largest operational battery
to date, and the largest vanadium flow battery serving the North
American grid.
Located in one of the sunniest places in Canada and in a
province historically known as one of North America's major centres
for oil production, the project features a 21 MWp solar array
coupled with an 8.4 MWh VFB. A Canadian first in terms of size and
application, this project will now generate enough dispatchable,
low-cost, low-carbon electricity to serve the needs of over 7,000
Alberta residents with clean, on-demand solar power and is
targeting carbon savings of approximately 20,000 tCO(2) e per
year.
Above: Inside the 8.4 MWh Invinity VS3 vanadium flow battery
system at Chappice Lake, Alberta, Canada
At the ribbon-cutting event held yesterday at the site near
Medicine Hat, Alberta, representatives from Elemental Energy and
Invinity joined a broad range of project partners and stakeholders
to celebrate this exciting phase of the project. These included
representatives from project funder Emissions Reduction Alberta,
ownership partner Cold Lake First Nations, and representatives from
many of the engineering, technical and construction service
providers who contributed to the project.
Above: Jamie Houssian, Principal, Elemental Energy and Heather
Bishop, Director of Economic Development, Cold Lake First Nations
with representatives from Invinity and invited guests at the
ribbon-cutting ceremony of the Chappice Lake Solar & Storage
project
Invinity's Vancouver-based partner on the project Elemental
Energy is a leading private renewable energy development company
with over 100 MW of wind, solar and hydro projects in construction
or operation throughout North America and has a further 1GW of
projects under development.
Jamie Houssian, Principal at Elemental Energy said:
" This project, through its innovative pairing of a 21 MWp solar
farm with Invinity's 8.4 MWh vanadium flow battery, will bring
tremendous value to Elemental Energy and our partner, Cold Lake
First Nations, as well as to the Alberta electricity grid by
enabling us to deliver power when it is needed the most."
Matt Harper, Chief Commercial Officer at Invinity said:
"This is a proud moment for Invinity. Not only is our largest
project to date now in revenue service, but we have proven the
capabilities of a great partnership alongside Elemental Energy and
Cold Lake First Nations. This achievement is further proof that
Invinity's products can apply their ability to cycle almost
indefinitely over long durations to significantly increase economic
returns for renewable generation projects worldwide. We look
forward to working with Elemental to continue to optimize how this
project can serve Alberta's grid, and to using the Chappice Lake
project to increase awareness of the critical role Invinity's
vanadium flow batteries will play in the world's transition to 24/7
renewable energy."
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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