Invinity Energy Systems (IES LN) has announced a licence and royalty deal which is expected to bring at least 1.9GWh in orders by 2030 with an initial 300MWh in 2026. This agreement is with Chinese vanadium electrolyte and battery product manufacturer Guangxi United Energy Storage New Materials Technology Limited (UESNT). UESNT will have the right to market, sell and manufacture ENDURIUM VFBs for the Chinese market whilst paying IES a royalty fee based on delivered volumes. On commitment of the ....
