Invinity Energy Systems PLC – a London-based utility energy storage manufacturer-signs a non-binding letter of intent with Dawsongroup Power Solutions Ltd, part of Dawsongroup PLC. Dawsongroup is a leading commercial asset rental company operating in the UK and EU. Dawsongroup will purchase battery storage products exclusively from Invinity under the partnership and will become “Invinity’s exclusive rental partner in the UK”. Says it sees strong potential for a rental market in the UK for vanadium flow batteries. Expect to meet customer commitments of more than 50 megawatt hours over the next two years.
Invinity Chief Commercial Officer Matt Harper says, ” flexible ownership of equipment is a great way for organizations to increase operational efficiency. Invinity already has a strong order book in which our vanadium flow batteries reduce energy bills and accelerate decarbonization for commercial and industrial customers by providing clean power on site. We are very excited to partner with Dawsongroup to provide those same benefits to clients who need flexible, worry-free asset ownership, significantly expanding our commercial capabilities.”
