The earlier post “Redox Flow Battery Developers” on June 12th, outlined the most recent efforts of several companies pursuing redox flow battery technology and its promise for large-scale energy storage. Invinity Energy Systems Plc (IES: LON) had just recently been created by the merger of Avalon Battery and redT Energy. The new company is among the few in the redox flow battery sector with publicly traded shares. redT had developed several flow battery designs and recently partnered with Statkraft to sell a solar-plus-storage solution with a financing option for U.K. customers. Avalon Battery brought demonstrated experience in the U.S., Asia and Europe to the bargain. With a few more months of trading behind it, we look again at Invinity as a vehicle to run the race for large-scale storage.
Energy Superhub Oxford (ESO) is one of four smart energy systems projects funded in the United Kingdom by InnovateUK. The project is to demonstrate scalable solutions for electric vehicle charging, battery storage and electric heat. Invinity is in the center of the project with the vanadium flow battery technology that was originally developed by RedT Energy, one of the two precursors of Invinity.