Business

Scotland's Energy Secretary Tours Invinity Factory

Scotland's Energy Secretary Tours Invinity Factory.

articleInvinity Energy Systems PlcAugust 8, 20245/company/invinity-energy-systems-plc/news/scotlands-energy-secretary-tours-invinity-factory
Scotland's Energy Secretary Tours Invinity Factory

About this update from Invinity Energy Systems Plc

[{"type":"text","content":"\n\n\n \n8 August 2024\nInvinity Energy Systems plc\n \n(\"Invinity\" or the \"Company\")\n \nScotland's Energy Secretary Visits New Motherwell Facility\nGillian Martin MSP, Scotland's Acting Cabinet Secretary for Net Zero and Energy, praises Invinity's progress, highlighting the Company's role in delivering a just transition to net zero\n \nInvinity Energy Systems plc (AIM: IES) (AQSE: IES) (OTCQX: IESVF) a leading global manufacturer of utility-grade energy storage, was delighted to welcome Gillian Martin MSP, the Acting Cabinet Secretary for Net Zero and Energy in Scotland, to the Company's new Motherwell manufacturing facility yesterday.\n \n\nAbove (L-R): Eddie McAvinchey, UK Infrastructure Bank; Jean-Louis Cols, VP of Global Partner Development and Paul Docherty, VP of Manufacturing Operations, Invinity; Gillian Martin MSP, Acting Cabinet Secretary for Net Zero and Energy; Jonathan Marren, Chief Financial Officer and Chief Development Officer, Invinity\n \nMs. Martin was given a guided tour of the recently opened 26,000 sq.ft facility and met with key members of Invinity's staff, including a number who have transitioned from the oil and gas sector. During the visit, Ms. Martin received updates on the deployment of Invinity's technology in the UK and around the world and discussed the role that Invinity's products are playing in accelerating progress towards Net Zero in Scotland and beyond. This is the second time Ms. Martin has visited an Invinity facility in Scotland, having previously toured the Company's factory in Bathgate in July 2023.\n \nUpdate on Change of Domicile\n \nSeparately to the above and further to the announcement on 1 May 2024, Invinity continues to advance the process of redomiciling the Company from Jersey to the UK. The required court hearing dates have now been provisionally scheduled and the Company expects to complete the process during Q4 2024.\n \nActing Cabinet Secretary for Net Zero and Energy, Gillian Martin MSP said:\n \n\"Scotland is at the forefront of developing the technology required for the energy transition, including the innovative battery storage that will deliver real benefits for citizens and support our ongoing efforts for a just transition to net zero by 2045.\n \nI am delighted to see the progress Invinity have made since my...

More updates from Invinity Energy Systems Plc