Invinity Energy Systems

Company Snapshot

Founded: 2020
Entity Type: Public
Region: U.K.
Revenue: $6.4 Millions
Revenue Year: 2024
Headquarter: Saint Helier, U.K.
Key Geographics: North America, Europe, Asia, Australia
Corporate Address: Standard Bank House 47-49 La Motte Street 3rd Floor, St Helier Jersey, Channel Islands JE2 4SZ UK Tel. +44-204-526-5789 www.invinity.com

Company Overview

Invinity Energy Systems was founded in 2020 by merging Avalon Battery Corporation and redT Energy plc, two flow battery industry leaders. The company operates as an energy storage battery manufacturing company. Invinity Energy Systems designs and manufactures vanadium flow batteries for large-scale energy storage requirements for businesses, industry, and electricity networks. The company also provides its product offerings and utility-grade energy storage solutions to commercial, industrial, utilities, and grid-scale sites.

It operates in four segments: Battery systems and associated control systems, Integration hardware, commissioning, and other services. The company provides its vanadium flow batteries under the battery systems and related control systems segment. Invinity Energy Systems has achieved a benchmark for delivering 75 MWh of systems across 70 projects in 14 countries. The company is active in all major global energy storage markets and operates in the UK, Canada, the U.S., Australia, and China.

Financial Highlights (FY 2024)

Net Revenue: ***
Total Current Liabilities: ***
Total Current Assets: ***
R&D expenses: ***
Operating Income: ***

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Invinity Energy Systems In Reports

Next-Generation Advanced Batteries: Global Markets

Accoriing to BCC Research Next-Generation Advanced Batteries market scenarios. 2023 is considered a base year, 2024 is an estimated year, and the market values are forecasted for five years until 2029.

Flow Batteries: Global Markets

BCC Research Report: Dive into flow battery market report considered 2023 a base year, 2024 is an estimated year, and the market values are forecasted for five years until 2029.

Flow Batteries: Global Markets

BCC Research Market Report says flow batteries should grow from $288.5 million in 2021 to $1.0 billion by 2026 with a compound annual growth rate of 28.6%

Company's Business Segments

  • Vanadium Flow Batteries (VFBs) : The company offers vanadium flow batteries (VFBs) for utility-scale and industrial energy storage, offering a durable, safe, and economical alternative to lithium-ion technology.

Applications/End User Industries

  • Utilities
  • Developers
  • Commercial
  • Industrial
  • Off-Grid & Microgrid
  • Projects & Case Studies
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