Invinity Energy Systems PLC said it sold a 1.5MWh energy storage system to STS Group for a solar storage project in Öskü, Hungary.
The AIM-listed manufacturer of utility-grade energy storage said this project, supported with EU funding, will see seven VS3 flow batteries provided alongside a 2MWp solar array that can provide energy for up to six hours.
Invinity’s battery will “increase the use of renewable energy and provide grid-balancing services for the local grid” by storing and despatching excess solar energy, according to a statement.
Today’s announcement builds on one made earlier this month, where Invinity said it entered the Hungarian market after agreeing a multi-party commercial partnership with STS and Ideona.
Ideona will own and operate the solar storage project while STS will fully install and integrate the battery, Invinity said.
Delivery of the battery is expected in the second half of this year.
"This achievement reflects the effectiveness of Invinity's strategy of engaging with strong regional partners to build global demand for our products and emphasises the commercial momentum we expect will be the hallmark of Invinity's business through the first half of 2023,” said Invinity chief executive Matt Harper.