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Invinity awarded £11m to build UK's largest grid-scale battery

09:09, 13th April 2023
Victor Parker
Vox Newswire
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Invinity Energy Systems (IES Follow | IES), a global manufacturer of utility-grade energy storage, has been awarded an £11m grant from the UK Department for Energy Security and Net Zero under Phase 2 of the Longer Duration Energy Storage Demonstration (LODES) competition.

The funding will be used to deploy a 30 MWh vanadium flow battery (VFB), the UK's largest flow battery and Invinity's largest delivery to date.

The £11m grant is conditional on Invinity executing a sales contract with a project partner who is expected to provide the balance of funding then develop, own, operate and optimise the battery project. Invinity said it has already initiated the process with its preferred partner.

The battery will be a standalone, grid-connected 30 MWh Invinity VFB deployed at a key node on the National Grid. It will be capable of delivering more than 7 MW of power on demand. It is expected to be deployed in 2024.

The majority of the income receivable under the project is expected to be recognised by Invinity in 2024.

Matt Harper, CCO at Invinity commented: "We appreciate the UK Department of Energy Security and Net Zero Energy's recognition of the importance of longer duration energy storage for grid stability and to making low-cost renewable power available on demand. We are grateful that Invinity was chosen from a very competitive field and look forward to delivering what will be the largest battery ever manufactured in the UK."

 

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This is major news from Invinity that saw the shares jump sharply. The massive flow battery will hold 30 MWh of energy, equivalent to the daily electricity use of 3,500 homes. It will be 6 times larger than Invinity's battery at the Energy Superhub Oxford, and one of the world's largest flow batteries when completed in 2024.

Capable of delivering more than 7 MW on demand with Invinity's signature fast-response and high-throughput technologies, the battery will be utilised to offer a broad range of services to the National Grid with a high level of flexibility. At the full 7 MW, the battery will last over 4 hrs, making it the largest longer-duration battery asset serving the UK grid.

Invinity is shaping up to be a major player in the UK utility storage sector, expected to see significant growth in the coming years. This £11m grant is a critical step in the company's journey from developer to commercial supplier. Invinity was recently featured in our battery innovation roundup here.

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