By Josh White
Date: Friday 07 Oct 2022
LONDON (ShareCast) - (Sharecast News) - Utility-grade energy storage company Invinity announced the sale of a 1.3 MWh 'VS3' flow battery system to Kinetic Solutions on Friday, for use in a microgrid providing around-the-clock power to a data centre in Arizona.
The AIM-traded firm said six Invinity VS3 batteries, with a total capacity of 1.3 MWh, would be installed alongside 400 kWp of solar photovoltaic at the data centre.
Kinetic would use the Invinity battery system to operate the centre on renewable power 24 hours a day, seven days a week, and mitigate the effects of power outages - a "frequent occurrence" in the region.
A deposit was paid, and manufacturing of the batteries was set to start shortly, with shipment scheduled for early 2023.
Kinetic Solutions was established as a distributed energy solutions provider, specialising in renewable microgrid infrastructure for commercial and industrial sites across the United States including data centres, manufacturing facilities, distribution hubs and electric vehicle charging stations.
Invinity said its vanadium flow batteries were chosen for the project due to their robustness in high-temperature environments, and their ability to perform long duration energy discharge during power outages.
"We are thrilled to be working with Kinetic Solutions on this US project that showcases the advantages of vanadium flow batteries and provides a real-world example of Invinity products generating investment tax credits for our US customers," said chief commercial officer Matt Harper.
"This deal embodies a number of positive developments: the growing awareness of the need to power data centres with renewable energy, an opportunity to work with Kinetic, an emerging expert in solar microgrids, and the receipt of US government support for energy storage through the Inflation Reduction Act.
"We look forward to delivering this project and view this application as an excellent area of opportunity for similar US follow-on business in the future."
At 1047 BST, shares in Invinity Energy Systems were down 2.47% at 21.21p.
Reporting by Josh White at Sharecast.com.
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