Invinity has followed the Hungarian reseller agreement announced on 10 March with a first sale of VS3 flow batteries for an EU funded solar plus storage project in the country. This is in line with the company’s other recent reseller agreements providing strategic access to new energy storage markets. We think it is good to see Invinity securing battery sales at the outset of new reseller agreements as this provides further confirmation of the company’s growing commercial momentum in our view.

27 Mar 2023
Invinity Energy Systems - First Sale In Hungary

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Invinity Energy Systems - First Sale In Hungary
Invinity Energy Systems PLC (IES:LON) | 39.5 1.8 12.9% | Mkt Cap: 75.5m
- Published:
27 Mar 2023 -
Author:
Adam Forsyth -
Pages:
3 -
Invinity has followed the Hungarian reseller agreement announced on 10 March with a first sale of VS3 flow batteries for an EU funded solar plus storage project in the country. This is in line with the company’s other recent reseller agreements providing strategic access to new energy storage markets. We think it is good to see Invinity securing battery sales at the outset of new reseller agreements as this provides further confirmation of the company’s growing commercial momentum in our view.