Invinity Energy is doing well in the VRFB market
https://ca.finance.yahoo.com/news/invinity-energy-systems-vanadium-flow-174527682.html
Invinity Energy Systems vanadium flow batteries could be game-changing for renewable energy
Invinity Energy Systems CEO Larry Zulch joined Proactive's Steve Darling from the OTCQX studio to discuss key developments in the company.
Invinity Energy Systems specializes in manufacturing vanadium flow batteries designed to address large-scale energy storage needs for businesses, industries, and electrical networks. Zulch shed light on the company's technology and its potential to transform the renewable power landscape.
Zulch elaborated on the unique characteristics of Invinity's vanadium flow battery technology, emphasizing its role in shaping the renewable power sector. Vanadium flow batteries are well-suited for providing large-scale energy storage solutions, enabling the efficient utilization of renewable energy sources and enhancing the reliability of electrical networks.
This technology plays a crucial role in balancing supply and demand, especially in scenarios where renewable energy generation fluctuates.
In a significant milestone, Zulch highlighted Invinity's recent achievement — the delivery of an 8.4 MWh vanadium flow battery, marking the largest flow battery project of its kind. The battery was supplied to Elemental Energy, a Canadian renewable project developer, for its Chappice Lake Solar Storage project in Alberta. This project features a 21 MWp solar array coupled with Invinity's battery technology.
Once operational, the Chappice Lake Solar Storage project will contribute low-cost, low-carbon electricity to the Alberta grid, effectively harnessing renewable energy and enhancing grid stability. This project exemplifies Invinity's commitment to delivering innovative energy storage solutions that align with the global shift towards sustainable and renewable energy sources. The coupling of solar arrays with vanadium flow batteries enables a consistent energy supply, even during periods of reduced solar generation, enhancing the overall reliability of renewable energy integration into the grid.
As Invinity Energy Systems continues to advance its vanadium flow battery technology and contribute to the transition to cleaner energy solutions, the company plays a pivotal role in shaping the future of renewable power generation and grid management.
The successful deployment of large-scale energy storage projects like the Chappice Lake Solar Storage project showcases Invinity's capacity to provide reliable and sustainable energy solutions for diverse applications.