Invinity Signs Strategic Partnership to Target 2GWh of VFB Deployments in UK
Why we think this is good
The RNS announcement highlights a significant new partnership between Invinity and Frontier Power, a leading UK energy infrastructure developer. The agreement targets the deployment of up to 2 GWh of Invinity's vanadium flow batteries into projects bidding into the UK's Long Duration Energy Storage (LDES) Cap and Floor scheme, a government-backed initiative to encourage investment in long-duration energy storage. This represents a substantial potential opportunity for Invinity and aligns with the company's focus on the utility-scale energy storage market. The RNS does not contain any obvious negative factors or concerning insights, and the partnership appears to be a positive development for the company's growth prospects.
Key Points
- Invinity signs partnership with Frontier Power to target deployment of up to 2 GWh of ENDURIUM vanadium flow batteries
- Agreement focuses on projects bidding into UK's LDES Cap and Floor scheme, a government-backed initiative
- Frontier Power to act as lead developer, securing financing, land, connections and planning permission
- Invinity to be exclusive flow battery supplier for Frontier Power's LDES projects
Summary
Invinity Energy Systems plc has announced a partnership and master supply agreement with Frontier Power Ltd, a leading UK-based energy infrastructure developer. The agreement initially targets the deployment of up to 2 GWh (2000 MWh) of Invinity's ENDURIUM vanadium flow batteries into projects bidding into the first application window for Ofgem's UK Long Duration Energy Storage (LDES) Cap and Floor scheme, expected to be open between Q2 and Q3 2025. Frontier Power will act as lead developer on these projects, securing overall project financing, land, connections and planning permission, while Invinity will be the exclusive flow battery supplier. This strategic partnership marks a significant step forward in the UK's clean energy transition and aims to boost domestic manufacturing, create jobs, and position the UK as a global leader in non-lithium energy storage alternatives.