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Invinity Energy Systems Expands in Hungary with New Battery Sale

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Invinity Energy Systems Expands in Hungary with New Battery Sale

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Invinity Energy Systems ( (GB:IES) ) has issued an announcement.

Invinity Energy Systems announced the sale of 4 MWh of its VS3 vanadium flow batteries to Central European Vanadium Storage Kft, a subsidiary of Ideona Group, for two solar plus storage projects in Hungary. This marks the second order from Ideona, reinforcing Invinity’s position in the Hungarian energy storage market. The deployment will help stabilize solar output and enhance grid flexibility, with shipping expected in Q4 2025. This deal highlights the growing demand for Invinity’s energy storage solutions and their strategic expansion in Central Europe.

The most recent analyst rating on (GB:IES) stock is a Hold with a £21.00 price target. To see the full list of analyst forecasts on Invinity Energy Systems stock, see the GB:IES Stock Forecast page.

Spark’s Take on GB:IES Stock

According to Spark, TipRanks’ AI Analyst, GB:IES is a Neutral.

Invinity Energy Systems’ overall stock score is primarily impacted by its weak financial performance, characterized by declining revenues and persistent losses. Technical analysis provides a mixed outlook, with some short-term bullish signals. Valuation remains challenging due to negative earnings and lack of dividends. Despite strategic advancements, significant financial and operational challenges remain.

To see Spark’s full report on GB:IES stock, click here.

More about Invinity Energy Systems

Invinity Energy Systems plc is a global leader in manufacturing vanadium flow batteries designed for large-scale, high-throughput energy storage needs in business, industry, and electrical networks. Their products are known for their durability, operating continuously without degradation for over 30 years, and are suitable for demanding renewable energy applications. Invinity was formed in 2020 through the merger of redT energy plc and Avalon Battery Corporation, and it operates in major global energy storage markets with a presence in the UK, Canada, USA, and China.

Average Trading Volume: 544,998

Technical Sentiment Signal: Buy

Current Market Cap: £98.02M

For a thorough assessment of IES stock, go to TipRanks’ Stock Analysis page.

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