Invinity has issued a trading update and has also announced that it is to develop a flow battery project under the UK’s LODES competition. This will allow Invinity to release inventory and gain contributions from an operating project. More importantly an operating project, co-located with a solar project, gives Invinity a valuable reference project allowing potential clients to evaluate the technology in a real world setting. The competition grant adds to other expected earnings in FY 25 allowing the company to confirm expectations for that year as it also does for FY 24.