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0.2 MWh Pilot Project with Australian Utility
0.2 MWh Pilot Project with Australian Utility.
About this update from Invinity Energy Systems Plc
[{"type":"text","content":"\n\n\n \n28 July 2023\nInvinity Energy Systems plc\n \n(\"Invinity\" or the \"Company\")\n \n0.2 MWh Pilot Project with Australian Energy Utility\nInvinity VS3 battery will be evaluated by Horizon Power, Australia's largest regional energy provider, for long duration energy storage microgrid projects\n \nInvinity Energy Systems plc (AIM: IES) (AQSE: IES) (OTCQX: IESVF) a leading global manufacturer of utility-grade energy storage, is pleased to announce the sale of a 0.2 MWh Invinity VS3 flow battery system to VSUN Energy (\"VSUN\"), a wholly owned subsidiary of Australian Vanadium Limited (ASX: AVL), for use by leading Australian power provider Horizon Power (\"Horizon\").\n \nThe microgrid project will see Horizon, a state government owned energy utility company responsible for generating, procuring, distributing and retailing electricity to residential, industrial and commercial customers across Western Australia, evaluate the role that Invinity's vanadium flow batteries can play in reducing fossil fuel consumption for distributed electricity networks. Horizon owns and operates 34 microgrids, serving over 100,000 people and more than 10,000 businesses across Western Australia.\n \nThe battery will be located at a Horizon power site in Kununurra, Western Australia. VSUN will undertake the installation, commissioning and ongoing maintenance of the energy storage system. Delivery is expected to commence in late 2023. The contract was included as part of the Company's Base category in its most recently disclosed commercial pipeline.\n \nStephanie Unwin, Chief Executive Officer at Horizon Power said:\n \n\"Long duration energy storage provides backup power during times of peak demand or when the power supply is interrupted, storing high volumes of excess energy when demand is low and the ability to shift energy storage into the night. It can also minimise the need for costly fossil fuel generation and grid infrastructure upgrades.\nThe VFB is specifically designed to deliver large amounts of energy over a long period of time and is temperature resilient - which is critical for our unique regional and remote networks.\nThis is an exciting trial which will allow us to increase our understanding of the technology in a regional energy system and its ability to provide long periods of 100% renewa...