A further sale in the USA shows that Invinity is seeing growing momentum in the country. With the Inflation Reduction Act now creating storage specific tax credits for the coming decade while the Bipartisan Infrastructure Law offers significant incremental support for long duration energy storage, we see this market as a key opportunity for the company.

01 Jun 2023
Invinity Energy Systems - Further US Sale

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Invinity Energy Systems - Further US Sale
Invinity Energy Systems PLC (IES:LON) | 44.0 -0.4 (-2.2%) | Mkt Cap: 84.1m
- Published:
01 Jun 2023 -
Author:
Adam Forsyth -
Pages:
3 -
A further sale in the USA shows that Invinity is seeing growing momentum in the country. With the Inflation Reduction Act now creating storage specific tax credits for the coming decade while the Bipartisan Infrastructure Law offers significant incremental support for long duration energy storage, we see this market as a key opportunity for the company.